Energy Fuels (TSE:EFR) Shares Pass Below 50 Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$26.09 and traded as low as C$20.74. Energy Fuels shares last traded at C$21.05, with a volume of 510,821 shares changing hands.

Energy Fuels Stock Down 0.1%

The stock’s 50 day simple moving average is C$26.09 and its two-hundred day simple moving average is C$25.98. The firm has a market cap of C$5.26 billion, a P/E ratio of -72.59 and a beta of 1.24. The company has a debt-to-equity ratio of 93.56, a current ratio of 27.51 and a quick ratio of 19.23.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last announced its earnings results on Wednesday, May 6th. The company reported C($0.06) earnings per share for the quarter. Energy Fuels had a negative net margin of 82.70% and a negative return on equity of 10.23%. The business had revenue of C$49.83 million for the quarter. As a group, research analysts forecast that Energy Fuels Inc. will post 0.19 earnings per share for the current year.

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.