- 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:
Energy Fuels: Unjustified Selloff, Fundamentals Are Solid