Energy Fuels (TSE:EFR) Reaches New 12-Month Low – Here’s Why

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares reached a new 52-week low during trading on Wednesday. The stock traded as low as C$14.98 and last traded at C$15.14, with a volume of 238715 shares. The stock had previously closed at C$15.97.

Analyst Ratings Changes

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

Energy Fuels Trading Down 3.6%

The company has a debt-to-equity ratio of 85.50, a quick ratio of 19.23 and a current ratio of 27.90. The firm has a market cap of C$3.74 billion, a PE ratio of -42.79 and a beta of 2.15. The stock’s 50 day simple moving average is C$18.30 and its 200 day simple moving average is C$21.60.

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.