Why Shares of Energy Fuels Are Charging Higher Today
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Energy Fuels' stock has risen 11.4% today, continuing a three-day climb, driven by a bullish analyst report from B. Riley, which raised its price target from $11 to $22. Additionally, news of China's export restrictions on rare earths has heightened investor interest. Energy Fuels is enhancing its rare earth separation capabilities, aiming to produce 4,000 to 6,000 metric tons of neodymium-praseodymium. However, potential investors should note the company's inconsistent profitability, indicating a higher risk investment.
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