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Multiple insider buying at Energy Fuels (T:EFR)

Updated Wednesday May 08, 2024 03:24 AM EDT

Mark Stephen Chalmers, CEO, acquired 16,838 Common Shares on a direct ownership basis at a price of US$5.860 on May 7th, 2024. This represents a $135,228 investment into the company's shares and an account share holdings change of 2.2%.

10 other insiders were also buying in smaller amounts.

Energy Fuels is in the Uranium Sub Industry Group under the Energy Sector.

Energy Fuels Inc. is a critical minerals company. The Company is a producer of uranium in the United States. It mines uranium and produces natural uranium concentrates that are sold to nuclear utilities to produce carbon-free nuclear energy. The Company is engaged in the production of advanced rare earth elements (REE) materials, including mixed REE carbonate. It also produces vanadium from certain of its projects, as market conditions warrant, and is evaluating the recovery of radionuclides needed for emerging cancer treatments. The Company holds two uranium production centers: the White Mesa Mill in Utah and the Nichols Ranch in-situ recovery (ISR) Project in Wyoming. The White Mesa Mill is a conventional uranium mill operating in the US, and has a licensed capacity of over 8 million pounds of triuranium octoxide (U3O8) per year. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. It also has the Bahia Project in Brazil.

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Go to Energy Fuels Inc. (EFR)'s company page

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