Energy Fuels (TSE:EFR) Reaches New 52-Week Low – Time to Sell?

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$14.98 and last traded at C$15.14, with a volume of 238715 shares. The stock had previously closed at C$15.97.

Wall Street Analysts Forecast Growth

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

Energy Fuels Stock Performance

The firm’s 50-day moving average price is C$18.36 and its two-hundred day moving average price is C$21.74. 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 firm has a market capitalization of C$3.91 billion, a PE ratio of -44.73 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.