Energy Fuels (TSE:EFR) Hits New 1-Year Low – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s share price reached a new 52-week low on Tuesday. The stock traded as low as C$10.14 and last traded at C$10.17, with a volume of 401,596 shares traded. The stock had previously closed at C$10.31.

Analysts Set New Price Targets

Several research firms have recently issued reports on EFR. Roth Capital raised 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 report on Friday, August 14th. Three equities research analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

Energy Fuels Stock Performance

The company’s 50-day moving average is C$15.74 and its two-hundred day moving average is C$22.55. The company has a quick ratio of 19.23, a current ratio of 27.90 and a debt-to-equity ratio of 85.50. The company has a market cap of C$2.71 billion, a P/E ratio of -30.97 and a beta of 2.15.

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.