Energy Fuels (TSE:EFR) Reaches New 52-Week Low – Here’s Why

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s stock price reached a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$13.29 and last traded at C$13.52, with a volume of 218,440 shares trading hands. The stock had previously closed at C$14.24.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets raised shares of Energy Fuels to a “strong-buy” rating in a research note on Friday, August 14th. Roth Capital raised shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating. According to MarketBeat, Energy Fuels has an average rating of “Strong Buy”.

Energy Fuels Price Performance

The company’s 50-day moving average is C$18.23 and its 200-day moving average is C$21.46. The firm has a market capitalization of C$3.51 billion, a price-to-earnings ratio of -40.18 and a beta of 2.15. The company has a debt-to-equity ratio of 85.50, a current ratio of 27.90 and a quick ratio of 19.23.

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.