The latest announcement is out from Energy Fuels ( (TSE:EFR) ).
Energy Fuels reported strong financial results for 2024, highlighting the resumption of U.S. uranium mining, profitable uranium sales, and commercial rare earth production. The company secured two critical mineral projects expected to provide low-cost rare earth feedstocks, enhancing its strategic positioning in the U.S. critical mineral space. These developments are part of Energy Fuels’ strategy to diversify into high-growth markets and secure domestic supply chains, positioning the company for long-term shareholder value and a significant role in American energy dominance.
More about Energy Fuels
Energy Fuels Inc. is a leading U.S. producer in the uranium, rare earth elements, and heavy mineral sands industries. The company focuses on producing critical materials that are essential for various industries, including energy and national security, with a market focus on the U.S. and allied nations.
YTD Price Performance: -21.83%
Average Trading Volume: 6,269,772
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $870M
For an in-depth examination of EFR stock, go to TipRanks’ Stock Analysis page.