Energy Fuels (TSE:EFR) Upgraded at Roth Capital

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) was upgraded by research analysts at Roth Capital from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

Energy Fuels Stock Performance

EFR stock opened at C$19.69 on Friday. The company has a 50-day simple moving average of C$19.59 and a 200 day simple moving average of C$25.07. The company has a market capitalization of C$4.92 billion, a P/E ratio of -59.67 and a beta of 1.28. The company has a quick ratio of 19.23, a current ratio of 27.51 and a debt-to-equity ratio of 93.67. Energy Fuels has a fifty-two week low of C$11.31 and a fifty-two week high of C$38.37.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last released its earnings results on Wednesday, May 6th. The company reported C($0.06) EPS for the quarter. The company had revenue of C$49.83 million for the quarter. Energy Fuels had a negative net margin of 82.70% and a negative return on equity of 10.23%. Sell-side analysts predict that Energy Fuels will post 0.19 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Ross Randolph Bhappu bought 74,000 shares of the business’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average cost of C$17.94 per share, for a total transaction of C$1,327,560.00. Following the completion of the transaction, the insider directly owned 74,000 shares of the company’s stock, valued at approximately C$1,327,560. This trade represents a ∞ increase in their position. 2.03% of the stock is owned by company insiders.

About Energy Fuels

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.