Energy Fuels (TSE:EFR) Rating Increased to Strong-Buy at Roth Capital

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) was upgraded by equities researchers at Roth Capital from a “hold” rating to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

Energy Fuels Trading Up 9.1%

TSE:EFR opened at C$19.69 on Friday. The firm has a market capitalization of C$4.92 billion, a P/E ratio of -59.67 and a beta of 1.28. The business has a 50 day simple moving average of C$19.59 and a 200 day simple moving average of C$25.07. The company has a debt-to-equity ratio of 93.67, a current ratio of 27.51 and a quick ratio of 19.23. Energy Fuels has a 12-month low of C$11.31 and a 12-month high of C$38.37.

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

Insider Buying and Selling

In other news, insider Ross Randolph Bhappu bought 74,000 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was purchased at an average price of C$17.94 per share, for a total transaction of C$1,327,560.00. Following the transaction, the insider owned 74,000 shares in the company, valued at approximately C$1,327,560. This trade represents a ∞ increase in their ownership of the stock. Company insiders own 2.03% of the company’s stock.

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.