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

Roth Capital upgraded shares of Energy Fuels (TSE:EFR) (NASDAQ:UUUU) from a hold rating to a strong-buy rating in a research report sent to investors on Friday morning,Zacks.com reports.

Energy Fuels Stock Up 9.1%

TSE:EFR opened at C$19.69 on Friday. The company has a market cap of C$4.92 billion, a price-to-earnings ratio of -59.67 and a beta of 1.28. Energy Fuels has a twelve month low of C$11.31 and a twelve month high of C$38.37. The company has a current ratio of 27.51, a quick ratio of 19.23 and a debt-to-equity ratio of 93.67. The stock has a fifty day simple moving average of C$19.59 and a 200-day simple moving average of C$25.07.

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

Insider Activity at Energy Fuels

In related news, insider Ross Randolph Bhappu bought 74,000 shares of Energy Fuels stock in a transaction dated Tuesday, July 7th. The shares were acquired at an average cost of C$17.94 per share, with a total value of C$1,327,560.00. Following the completion of the transaction, the insider owned 74,000 shares in the company, valued at C$1,327,560. The trade was a ∞ increase in their position. Company insiders own 2.03% of the company’s stock.

Energy Fuels Company Profile

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.