NTKI - Energy Fuels: Unjustified Selloff Fundamentals Are Solid

May, 16 2022 11:41 AM Nationwide Russell 2000 Risk-Managed Income ETF

Energy Fuels has seen its share price plunge 40% in the past month. I declare that this selloff has been unjustified.
Energy Fuels has no debt on its balance sheet, and approximately $150 million in cash. Roughly 13% of its market cap is cash.
Recent newsflow about the demand for nuclear power has materially lessened in the past month, which has caused a lot of profit-taking amongst investors.
Despite those worries, you'll see that Energy Fuels is clearly moving in the right direction.
As always, happy to discuss my thesis further in the comments section.

For further details see:

Company Name:	Nationwide Russell 2000 Risk-Managed Income ETF
Stock Symbol:	NTKI
Market:	NYSE