Energy Fuels (TSE:EFR) Trading 6.7% Higher – Time to Buy?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares shot up 6.7% during trading on Friday . The stock traded as high as C$6.17 and last traded at C$6.17. 165,847 shares were traded during mid-day trading, a decline of 67% from the average session volume of 496,671 shares. The stock had previously closed at C$5.78.

Wall Street Analysts Forecast Growth

Separately, Roth Capital raised shares of Energy Fuels from a “hold” rating to a “strong-buy” rating in a research report on Friday.

Energy Fuels Stock Performance

The firm has a 50 day moving average of C$7.41 and a two-hundred day moving average of C$7.78. The stock has a market cap of C$825.51 million, a P/E ratio of -19.69 and a beta of 1.54. The company has a debt-to-equity ratio of 0.31, a quick ratio of 19.23 and a current ratio of 18.01.

Insider Transactions at Energy Fuels

In other news, Director Alexander Morrison sold 17,500 shares of the company’s stock in a transaction dated Wednesday, December 18th. The shares were sold at an average price of C$8.17, for a total transaction of C$143,035.39. Also, Director James Birks Bovaird sold 10,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of C$7.85, for a total transaction of C$78,500.00. Corporate insiders own 2.03% of the company’s stock.

About Energy Fuels

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.