2 more analysts comment on EFR
Colin Healey, Haywood Securities (5/13/13) "We reiterate our Buy rating on Energy Fuels Inc. . .with cash costs per pound of uranium on the higher quartile of the marginal cost curve, the company has the potential to offer significant upside in a strengthening uranium price environment. . .investment in Energy Fuels provides exposure to two sectors (uranium and vanadium) with robust underlying demand fundamentals, which will lead to a sustained improvement in metal price and stability that further enhances resource value and diversifies risk."
David Talbot, Dundee Capital Markets (5/10/13) "We reiterate our Energy Fuels Inc. Buy recommendation. . .Q2/13 should be reflected on positively—earnings were up, cash flow was positive, cash increased, sales prices were 18% higher than spot and perhaps the best in the industry, costs declined rapidly, production guidance grew and higher, and cost stockpiles should be almost completely drawn down by quarters end. Believing that we are near the bottom in the uranium sector (as we expect some reactors in Japan to resume in H2/13) then we currently believe that buying this leveraged stock would be an excellent opportunity."