Energy Fuels (TSE:EFR) Shares Cross Above 50 Day Moving Average – Should You Sell?

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

Energy Fuels Stock Performance

The stock has a market cap of C$1.52 billion, a price-to-earnings ratio of -64.83 and a beta of 1.54. The firm has a fifty day simple moving average of C$7.42 and a 200 day simple moving average of 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.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last issued its earnings results on Friday, August 2nd. The company reported C($0.05) EPS for the quarter, topping the consensus estimate of C($0.08) by C$0.03. The firm had revenue of C$11.93 million during the quarter, compared to analysts’ expectations of C$5.28 million. Energy Fuels had a negative return on equity of 3.36% and a negative net margin of 27.02%. As a group, sell-side analysts expect that Energy Fuels Inc. will post 0.19 earnings per share for the current 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.