The Energy Report Examines Energy Fuels' Plans to Recover U3O8 From Tailings Ponds


SAN FRANCISCO, CA--(Marketwired - September 27, 2016) - Dundee Capital Markets increased its target price for Energy Fuels Inc. (TSX: EFR) (NYSE MKT: UUUU) (OTCQX: EFRFF) after the company unveiled updated plans to position itself as the premier uranium producer in the U.S., including a scheme to recover U3O8 from tailings ponds at its White Mesa Mill facility.

Included in this interview is: Energy Fuels Inc.

Dundee Capital Markets increased its target price on the company from CA$5.80 per share to CA$6.

In addition to the White Mesa plans, analyst David Talbot noted that "savings, innovation, and efficiency improvements [that] may include lower reagent use and recycling, higher recoveries, ore sorting, potential copper recovery at Canyon, [and] improved practices such as mechanized or water jet mining," also played a role in the Dundee's new target.

Continue reading this interview: Plans to Recover U3O8 from Tailings Ponds Help Boost Price Target for Energy Fuels

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The Energy Report shares investment ideas for the oil & gas, renewable and alternative energy industries. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

DISCLOSURE:

Energy Fuels Inc. is a sponsor of Streetwise Report. The companies mentioned in this article were not involved in any aspect of the article preparation. Streetwise Reports does not accept stock in exchange for its services. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.

The full disclosure is provided at the end of the published article: Plans to Recover U3O8 from Tailings Ponds Help Boost Price Target for Energy Fuels

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Paul Guedes