Overview
- Shares of Energy Fuels rose about 16% on Tuesday after investors digested details that President Trump's Project Vault could purchase more than 50 Interior‑designated critical minerals, including uranium.
- The rally followed a 12% slide the prior week and a late‑January pop tied to the Department of Energy’s call for states to host Nuclear Lifecycle Innovation Campuses covering storage, reprocessing, and enrichment.
- Roth Capital’s Joe Reagor lifted his rating to Neutral on Jan. 28 and raised his target to $15.50, citing supportive sentiment and uranium pricing despite valuation concerns.
- Energy Fuels recently announced a $299 million acquisition of Australian Strategic Materials, positioning the company to build an integrated rare‑earths mine‑to‑metal and alloy capability outside China.
- Coverage also underscores execution risk and weak recent finances, with Yahoo Finance flagging losses and cash burn and Jim Cramer urging investors to favor GE Vernova over Energy Fuels.