Energy Fuels (TSE:EFR) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) 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 changing hands.

Energy Fuels Stock Down 4.8 %

The firm has a 50-day simple moving average of C$7.12 and a 200 day simple moving average of C$7.75. The company has a market capitalization of C$1.72 billion, a PE ratio of -73.25 and a beta of 1.54. The company has a debt-to-equity ratio of 0.32, a current ratio of 28.28 and a quick ratio of 19.23.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Friday, August 2nd. The company reported C($0.05) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C($0.08) by C$0.03. The business had revenue of C$11.93 million during the quarter, compared to analyst estimates of C$5.28 million. Energy Fuels had a negative return on equity of 3.36% and a negative net margin of 27.02%. On average, research analysts predict that Energy Fuels Inc. will post 0.19 EPS for the current fiscal year.

Energy Fuels Company Profile

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.