Energy Fuels (TSE:EFR) Upgraded to “Strong-Buy” at BMO Capital Markets

BMO Capital Markets upgraded shares of Energy Fuels (TSE:EFR) (NASDAQ:UUUU) to a strong-buy rating in a research report released on Friday,Zacks.com reports.

Separately, Roth Capital raised Energy Fuels from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, According to MarketBeat, the company presently has an average rating of “Strong Buy”.

Energy Fuels Stock Up 3.3%

Shares of Energy Fuels stock opened at C$20.94 on Friday. The business has a 50-day moving average of C$19.20 and a 200-day moving average of C$24.63. The company has a debt-to-equity ratio of 85.50, a current ratio of 27.90 and a quick ratio of 19.23. The company has a market capitalization of C$5.23 billion, a PE ratio of -63.45 and a beta of 1.28. Energy Fuels has a 1-year low of C$11.31 and a 1-year high of C$38.37.

Insiders Place Their Bets

In related news, insider Ross Randolph Bhappu acquired 74,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was bought at an average cost of C$17.94 per share, with a total value of C$1,327,560.00. Following the acquisition, the insider directly owned 74,000 shares in the company, valued at approximately C$1,327,560. The trade was a ∞ increase in their ownership of the stock. 2.03% of the stock is currently owned by corporate 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.