TSX:EFROil and Gas
Energy Fuels (TSX:EFR) Stock Faces Cash Burn As Uranium Margins Shine
Energy Fuels stock closed at CA$18.05 after a choppy few months that left shares down roughly 38% over 90 days, yet the latest quarter leans hard into the company’s big ambition to become a mine to magnets powerhouse. The market saw another loss and moved on. The headline is that Q2 uranium revenue of about US$25 million carried a solid gross margin in that segment, while the bottom line swung to a net loss of US$33.4 million as Energy Fuels poured cash into rare earth build out and...