Roth Capital keeps a Sell rating on Energy Fuels (UUUU) with an $11.50 price target after the company provided an update on its uranium production and sales for Q4. The company’s production was slightly above expectations and sales were higher than anticipated, but this does not impact Roth’s sum-of-the-parts valuation, the analyst tells investors in a research note. The firm continues to view shares of Energy Fuels as overvalued due to expectations around the company’s rare earth business opportunities.
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