Energy Fuels (TSE:EFR) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$26.02 and traded as low as C$18.50. Energy Fuels shares last traded at C$18.60, with a volume of 400,165 shares changing hands.

Energy Fuels Stock Up 0.6%

The firm has a market capitalization of C$4.65 billion, a PE ratio of -64.14 and a beta of 1.30. The company has a fifty day simple moving average of C$23.10 and a two-hundred day simple moving average of C$26.02. The company has a debt-to-equity ratio of 93.67, a quick ratio of 19.23 and a current ratio of 27.51.

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

Insiders Place Their Bets

In other Energy Fuels news, insider Ross Randolph Bhappu bought 74,000 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of C$17.94 per share, for a total transaction of C$1,327,560.00. Following the acquisition, the insider directly owned 74,000 shares in the company, valued at approximately C$1,327,560. The trade was a ∞ increase in their ownership of the stock. 2.03% of the stock is currently owned by company insiders.

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.