Uranium is commodity non-grata these days.
Case in point: Shares of Energy Fuels have cratered in recent weeks under the weight of a nuclear crisis in Japan and environmental opposition to its Colorado uranium mill.
Energy Fuels Inc. (TSX: T.EFR, Stock Forum), a Toronto company, recently won a green light from regulators to build and operate a uranium processing mill in Colorado. After hitting a 52-week high of $1.59 in February, the stock fell to 41 cents this week, a victim of investor reaction to the earthquake in Japan and legal action from environmentalists in Colorado.
At current levels, Energy Fuels has a market cap of $51 million Canadian based on 124 million shares outstanding.
If you read the news from 2011 onward you will see the wild ride it has been on. Very interesting material. So back in June 2011 it had 124 million shares and a market cap of 51 million $