Energy Fuels (TSE:EFR) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$7.42 and traded as high as C$8.30. Energy Fuels shares last traded at C$7.78, with a volume of 764,041 shares.

Energy Fuels Trading Down 7.5 %

The company’s fifty day moving average is C$7.42 and its 200-day moving average is C$7.75. The company has a current ratio of 28.28, a quick ratio of 19.23 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of C$1.52 billion, a P/E ratio of -64.83 and a beta of 1.54.

Energy Fuels (TSE:EFR) (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, beating analysts’ consensus estimates of C($0.08) by C$0.03. Energy Fuels had a negative net margin of 27.02% and a negative return on equity of 3.36%. The company had revenue of C$11.93 million during the quarter, compared to analysts’ expectations of C$5.28 million. As a group, sell-side analysts anticipate that Energy Fuels Inc. will post 0.19 earnings per share for the current fiscal year.

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.