Energy Fuels (TSE:EFR) Share Price Passes Above 50-Day Moving Average – Here’s Why

by · The Cerbat Gem

Energy Fuels Inc. (TSE:EFR – Get Free Report) (NASDAQ:UUUU)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

Energy Fuels Price Performance

The business has a 50 day moving average of C$7.21 and a 200-day moving average of C$7.75. The stock has a market cap of C$1.67 billion, a PE ratio of -71.33 and a beta of 1.54. The company has a current ratio of 28.28, a quick ratio of 19.23 and a debt-to-equity ratio of 0.32.

Energy Fuels (TSE:EFR – Get Free Report) (NASDAQ:UUUU) last released its quarterly earnings results on Friday, August 2nd. The company reported C($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.08) by C$0.03. The firm had revenue of C$11.93 million for the quarter, compared to the consensus estimate of C$5.28 million. Energy Fuels had a negative return on equity of 3.36% and a negative net margin of 27.02%. Equities research analysts predict that Energy Fuels Inc. will post 0.19 EPS for the current fiscal year.

Energy Fuels Company Profile

(Get Free Report)

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.

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