Energy Fuels (TSE:EFR) Stock Rating Upgraded by 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 note issued to investors on Friday,Zacks.com reports.

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

Energy Fuels Stock Up 3.3%

Shares of TSE 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 market cap of C$5.23 billion, a price-to-earnings ratio of -63.45 and a beta of 1.28. 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 stock’s 50-day simple moving average is C$19.20 and its 200-day simple moving average is C$24.63.

Insider Buying and Selling

In related news, insider Ross Randolph Bhappu acquired 74,000 shares of Energy Fuels stock in a transaction on Tuesday, July 7th. The shares were purchased at an average cost of C$17.94 per share, for a total transaction of C$1,327,560.00. Following the purchase, the insider directly owned 74,000 shares of the company’s stock, valued at C$1,327,560. The trade was a ? increase in their position. 2.03% of the stock is owned by company insiders.

About Energy Fuels

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.