Energy Fuels (TSE:EFR) Raised to Strong-Buy at BMO Capital Markets

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) was upgraded by research analysts at BMO Capital Markets to a “strong-buy” rating in a report released on Friday,Zacks.com reports.

Separately, Roth Capital upgraded shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, Energy Fuels has a consensus rating of “Strong Buy”.

Energy Fuels Stock Up 3.3%

EFR opened at C$20.94 on Friday. Energy Fuels has a 1 year low of C$11.31 and a 1 year high of C$38.37. The firm has a 50 day moving average price of C$19.20 and a 200 day moving average price of C$24.63. The company has a debt-to-equity ratio of 85.50, a quick ratio of 19.23 and a current ratio of 27.90. The company has a market cap of C$5.23 billion, a PE ratio of -63.45 and a beta of 1.28.

Insider Buying and Selling

In related news, insider Ross Randolph Bhappu purchased 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 acquisition, the insider directly owned 74,000 shares in the company, valued at C$1,327,560. The trade was a ∞ increase in their ownership of the stock. 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.