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

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

Analyst Ratings Changes

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

Energy Fuels Stock Down 7.6%

The firm has a market cap of C$3.91 billion, a price-to-earnings ratio of -44.73 and a beta of 2.15. The stock has a 50-day moving average of C$18.36 and a 200-day moving average of C$21.74. The company has a current ratio of 27.90, a quick ratio of 19.23 and a debt-to-equity ratio of 85.50.

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.