viewEnergy Fuels Inc.

Energy Fuels predicts uranium price increase as it builds more uranium 'than any other US producer'

Energy Fuels Inc (TSE:EFR) (NYSEMKT:UUUU) CEO Mark Chalmers tells Proactive he believes the spot price for uranium will only continue to increase, as the growing need for nuclear power in the world paves the way to a bright future for the firm.

Chalmers says meanwhile, the Colorado-based based firm expects to continue to build and hold around 700,000 pounds of uncommitted uranium in inventory by the end of 2020, more than any uranium producer in the US.

Quick facts: Energy Fuels Inc.

Price: 2.04 CAD

Market: TSX
Market Cap: $256.15 m

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on 18/9/20

2 min read