Energy Fuels (TSE:EFR) Sets New 1-Year Low – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares reached a new 52-week low during trading on Tuesday. The stock traded as low as C$11.05 and last traded at C$11.12, with a volume of 53,213 shares changing hands. The stock had previously closed at C$11.55.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Roth Capital raised Energy Fuels from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 7th. BMO Capital Markets raised Energy Fuels to a “strong-buy” rating in a research note on Friday, August 14th. Three research analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

Energy Fuels Stock Up 0.1%

The stock’s 50-day moving average is C$17.23 and its 200-day moving average is C$20.83. The stock has a market cap of C$3.05 billion, a P/E ratio of -34.94 and a beta of 2.15. The company has a current ratio of 27.90, a quick ratio of 19.23 and a debt-to-equity ratio of 85.50.

Energy Fuels Company Profile

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.