Energy Fuels (TSE:EFR) Shares Down 7.8% – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) dropped 7.8% on Thursday . The stock traded as low as C$19.99 and last traded at C$20.07. Approximately 846,061 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 1,243,444 shares. The stock had previously closed at C$21.77.

Analyst Ratings Changes

Separately, Roth Capital lowered Energy Fuels from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Energy Fuels Trading Down 12.6%

The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01. The business has a fifty day simple moving average of C$24.62 and a 200 day simple moving average of C$15.34. The stock has a market cap of C$4.39 billion, a price-to-earnings ratio of -39.63 and a beta of 1.67.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its quarterly earnings data on Tuesday, November 4th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$24.66 million for the quarter. Energy Fuels had a negative net margin of 90.40% and a negative return on equity of 9.25%. As a group, equities analysts anticipate that Energy Fuels Inc. will post 0.19 EPS for the current year.

Insider Activity

In other news, Director James Birks Bovaird sold 10,000 shares of Energy Fuels stock in a transaction dated Friday, September 19th. The shares were sold at an average price of C$20.47, for a total transaction of C$204,650.00. Following the completion of the sale, the director directly owned 148,151 shares in the company, valued at C$3,031,910.22. The trade was a 6.32% decrease in their ownership of the stock. Also, Director Dennis Higgs sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of C$17.75, for a total transaction of C$44,375.00. Following the transaction, the director directly owned 207,915 shares in the company, valued at C$3,690,491.25. The trade was a 1.19% decrease in their position. 2.03% of the stock is owned by company insiders.

Energy Fuels Company Profile

Energy Fuels is the largest uranium producer in the U.S. and holds more production capacity and uranium resources than any other U.S. producer. The Company also produces vanadium. Headquartered in Colorado Energy Fuels holds three of Americas key uranium production centers: the White Mesa Mill in Utah the Nichols Ranch ISR Facility in Wyoming and the Alta Mesa ISR Facility in Texas.