Energy Fuels Stock Surges on Robust Rare Earths Expansion Plan

Shares of Energy Fuels Inc. have begun the year with remarkable momentum, driven by the release of a new bankable feasibility study for a significant expansion of its rare earth element processing capabilities in the United States. The study’s figures substantially exceed prior expectations, reinforcing the company’s strategic goal of becoming a pivotal supplier of critical materials within Western supply chains.

The market’s reaction to the development has been pronounced. The equity closed at $21.94 on Friday, marking a single-day gain of 4.88%. This performance is part of a broader upward trend, with the stock appreciating approximately 346% over the past twelve months and trading just below its recent 52-week high. Read more...