Energy Fuels (TSE:EFR) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$7.07 and traded as high as C$9.26. Energy Fuels shares last traded at C$8.79, with a volume of 453,458 shares trading hands.

Energy Fuels Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 19.23 and a current ratio of 28.28. The firm has a fifty day moving average price of C$7.21 and a 200 day moving average price of C$7.75. The firm has a market capitalization of C$1.67 billion, a price-to-earnings ratio of -71.33 and a beta of 1.54.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its quarterly earnings results on Friday, August 2nd. The company reported C($0.05) EPS for the quarter, beating the consensus estimate of C($0.08) by C$0.03. The business had revenue of C$11.93 million during the quarter, compared to analysts’ expectations of C$5.28 million. Energy Fuels had a negative return on equity of 3.36% and a negative net margin of 27.02%. As a group, sell-side analysts expect that Energy Fuels Inc. will post 0.19 EPS for the current fiscal 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.