Energy Fuels (TSE:EFR) Trading Up 16.3% - Still a Buy?

Energy Fuels Inc. (TSE:EFR - Get Free Report) NASDAQ: UUUU traded up 16.3% during mid-day trading on Thursday . The stock traded as high as C$9.17 and last traded at C$8.90. 883,048 shares traded hands during trading, an increase of 33% from the average session volume of 663,451 shares. The stock had previously closed at C$7.65.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on EFR shares. Roth Capital downgraded Energy Fuels from a "strong-buy" rating to a "hold" rating in a research report on Friday. Canaccord Genuity Group upgraded Energy Fuels from a "moderate buy" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd.

Energy Fuels Price Performance

The stock has a market capitalization of C$1.26 billion, a price-to-earnings ratio of -30.02 and a beta of 1.54. The company has a quick ratio of 19.23, a current ratio of 18.01 and a debt-to-equity ratio of 0.31. The business has a 50-day simple moving average of C$7.35 and a two-hundred day simple moving average of C$6.87.

Insider Buying and Selling at Energy Fuels

In other Energy Fuels news, Senior Officer Dee Ann Nazarenus sold 3,585 shares of the business's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of C$7.77, for a total transaction of C$27,847.92. Also, Senior Officer Timothy James Carstens sold 210,612 shares of the business's stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of C$7.47, for a total transaction of C$1,572,534.50. Over the last 90 days, insiders have sold 218,597 shares of company stock valued at $1,633,475. Corporate insiders own 2.03% of the company's stock.

Energy Fuels Company Profile

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.