Energy Fuels (TSE:EFR) Trading Down 5.6% – What’s Next?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) fell 5.6% on Wednesday . The company traded as low as C$19.96 and last traded at C$20.14. 157,656 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,227,023 shares. The stock had previously closed at C$21.33.

Wall Street Analyst Weigh In

Separately, Roth Capital cut Energy Fuels from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 5th. Two research analysts have rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Energy Fuels Stock Down 7.5%

The company’s 50 day moving average price is C$24.55 and its two-hundred day moving average price is C$16.79. The company has a current ratio of 18.01, a quick ratio of 19.23 and a debt-to-equity ratio of 0.31. The firm has a market cap of C$4.68 billion, a PE ratio of -41.08 and a beta of 1.68.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its quarterly earnings results on Tuesday, November 4th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$24.66 million during the quarter. Energy Fuels had a negative return on equity of 9.25% and a negative net margin of 90.40%. On average, equities research analysts expect that Energy Fuels Inc. will post 0.19 EPS for the current fiscal year.

Insiders Place Their Bets

In other Energy Fuels news, Director James Birks Bovaird sold 10,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of C$20.47, for a total value of C$204,650.00. Following the completion of the sale, the director owned 148,151 shares in the company, valued at approximately C$3,031,910.22. This represents a 6.32% decrease in their position. Also, Director Dennis Higgs sold 2,500 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of C$17.75, for a total value of C$44,375.00. Following the sale, the director owned 207,915 shares of the company’s stock, valued at C$3,690,491.25. This represents a 1.19% decrease in their position. Corporate insiders own 2.03% of the company’s stock.

About Energy Fuels

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.