This summary was created by AI, based on 3 opinions in the last 12 months.
Energy Fuels Inc (EFR-T) is seen as a promising investment due to potential benefits from President Biden's plans to subsidize the uranium business. With relatively advanced projects in the U.S., EFR is positioned for potential growth in the next 5 years. The shift of the uranium metals market from short-term to long-term adds to investor security, making it an attractive option for long-term investors. While speculators may consider taking profits, the overall outlook for EFR is positive.
He owned this and covered his investment. EFR will benefit from Pres. Biden subsidizing the uranium business. EFR benefits from having relatively advanced projects in the U.S. The easy money has been made already in uranium stocks, but there remains money to be made here for the next 5 years. The uranium metals market has moved from a short-term to a long-term market, which increases investor security. Speculators could take profits in these stocks, while investors can stay long.
It hasn't popped hard like its uranium peers, and rather is at multi-year resistance now. If it breaks the current level, great. He owns Cameco which had a similar chart to ERF by hitting resistance three times (he traded it when this happened), but he hold onto Cameco during its last (strong) breakout. This could happen to ERF. If you own ERF, hold it a little longer to see if it breaks out. (Uranium is doing well.) Otherwise, it will fall back to resistance.
Unsure on current state of Uranium.
Buying at anything below $8.50
Hold at current price.
Likes that they have done a bunch of things to consolidate their operations. Balance sheet looks fine. They are going to live and die on the price of uranium. If you have a positive outlook on uranium, this is definitely one that you want to own.
Energy Fuels Inc. is a Canadian stock, trading under the symbol EFR-T on the Toronto Stock Exchange (EFR-CT). It is usually referred to as TSX:EFR or EFR-T
In the last year, 2 stock analysts published opinions about EFR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Energy Fuels Inc..
Energy Fuels Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Energy Fuels Inc..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Energy Fuels Inc. In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Energy Fuels Inc. (EFR-T) stock closed at a price of $8.47.