Energy Fuels Ord Shs T.EFR

Alternate Symbol(s): UUUU

Energy

Energy Fuels Inc. is a critical minerals company focused on uranium, rare earth elements (REEs), heavy mineral sands (HMS), vanadium and medical isotopes. The Company is a producer of natural uranium concentrate, which owns and operates several conventional and in situ recovery uranium projects in the western United States. The Company also owns the White Mesa Mill in Utah, which is the fully licensed and operating conventional uranium processing facility in the United States. The Company also owns the operating Kwale HMS project in Kenya. It is developing three additional HMS projects, including the Toliara Project in Madagascar, the Bahia Project in Brazil, and the Donald Project in Australia, in which the Company has the right to earn up to approximately 49% interest in a joint venture with Astron Corporation Limited. The Toliara Project is located in south-west Madagascar, 45 kilometers (kms) north of the regional town and port of Toliara.

TSX:EFR - Post by User

Energy Fuels Ord Shs > Short squeeze maybe?

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Comment by Snowballeron Feb 10, 2021 9:24pm

180 Views

Post# 32533742

RE:Short squeeze maybe?

Ignore.

Secure wrote: Hello,

Are shorts covering? A short squeeze, in the near term, can send stocks that are in rally mode into overdrive. If shorts are rushing to close their positions when a stock is already trending higher, the shorts are creating extra demand for the shares. Extra demand means higher prices. Short squeezes and the surge higher are usually a reason for celebration among stock holders, but by their nature, not long lived, as there are only so many shorts who are trying to cover.

regards,