Energy Fuels (TSE:EFR) Reaches New 12-Month Low – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) hit a new 52-week low on Tuesday. The company traded as low as C$11.05 and last traded at C$11.12, with a volume of 53,213 shares changing hands. The stock had previously closed at C$11.55.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on EFR shares. BMO Capital Markets raised Energy Fuels to a “strong-buy” rating in a research report on Friday, August 14th. Roth Capital upgraded Energy Fuels from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the company presently has a consensus rating of “Strong Buy”.

Energy Fuels Stock Performance

The stock’s 50-day moving average price is C$17.58 and its 200-day moving average price is C$21.02. The company has a current ratio of 27.90, a quick ratio of 19.23 and a debt-to-equity ratio of 85.50. The company has a market capitalization of C$3.10 billion, a P/E ratio of -35.48 and a beta of 2.15.

Energy Fuels Company Profile

Energy Fuels is a leading U.S. -based critical materials company, focused on uranium, rare earth elements (REEs), heavy mineral sands, vanadium and medical isotopes. Energy Fuels, which owns and operates several conventional and in-situ recovery uranium projects in the western United States, has been the leading U.S. producer of natural uranium concentrate for the past several years, which is sold to nuclear utilities for the production of carbon-free nuclear energy. Energy Fuels also owns the White Mesa Mill in Utah, which is the only fully licensed and operating conventional uranium processing facility in the United States.