Texas Capital initiated coverage of Energy Fuels (UUUU) with a Buy rating and $20 price target which indicates 42% upside. Energy Fuels is a critical mineral company that specializes in the production of uranium, rare earth elements, and vanadium, the analyst tells investors in a research note. The firm says the company’s White Mesa Mill in Blanding, Utah, has a licensed production capacity of 8.0M pounds of uranium per year and is the only conventional uranium mill operating in the U.S.
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