Energy Fuels (TSE:EFR) Share Price Passes Above 50 Day Moving Average of $6.73

Shares of Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$6.73 and traded as high as C$7.61. Energy Fuels shares last traded at C$7.48, with a volume of 263,439 shares.

Wall Street Analysts Forecast Growth

Separately, Roth Capital downgraded Energy Fuels from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 5th.

Energy Fuels Stock Down 0.4 %

The company has a market cap of C$1.22 billion, a PE ratio of -62.33 and a beta of 1.52. The business has a 50-day simple moving average of C$6.73 and a 200-day simple moving average of C$7.79. The company has a quick ratio of 19.23, a current ratio of 28.28 and a debt-to-equity ratio of 0.32.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its quarterly earnings results on Friday, August 2nd. The company reported C($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.08) by C$0.03. Energy Fuels had a negative return on equity of 3.36% and a negative net margin of 27.02%. The company had revenue of C$11.93 million for the quarter, compared to the consensus estimate of C$5.28 million. Equities research analysts anticipate that Energy Fuels Inc. will post 0.19 EPS for the current year.

About Energy Fuels

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.