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Energy Fuels (TSX:EFR) 6-1 Month Momentum % : -14.10% (As of May. 05, 2024)


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What is Energy Fuels 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-05), Energy Fuels's 6-1 Month Momentum % is -14.10%.

The industry rank for Energy Fuels's 6-1 Month Momentum % or its related term are showing as below:

TSX:EFR's 6-1 Month Momentum % is ranked worse than
73.6% of 178 companies
in the Other Energy Sources industry
Industry Median: 4.845 vs TSX:EFR: -14.10

Competitive Comparison of Energy Fuels's 6-1 Month Momentum %

For the Uranium subindustry, Energy Fuels's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Fuels's 6-1 Month Momentum % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Fuels's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Energy Fuels's 6-1 Month Momentum % falls into.



Energy Fuels  (TSX:EFR) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Energy Fuels  (TSX:EFR) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Energy Fuels 6-1 Month Momentum % Related Terms

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Energy Fuels (TSX:EFR) Business Description

Traded in Other Exchanges
Address
225 Union Boulevard, Suite 600, Lakewood, CO, USA, 80228
Energy Fuels Inc is a United States-based critical minerals company. The Company mines uranium and produces natural uranium concentrates that are sold to nuclear utilities for the production of carbon-free nuclear energy. It holds two of America's key uranium production centers: The White Mesa Mill in Utah, and the Nichols Ranch ISR Facility in Wyoming. Its producing White Mesa Mill is the only conventional uranium mill in the United States and has a licensed capacity of approximately 8 million pounds of U3O8 per year. Nichols Ranch is in production and has a licensed capacity of approximately 2 million pounds of U3O8 per year. It also produces vanadium. Energy Fuels also owns several licensed and developed uranium and vanadium mines on standby and other projects in development.

Energy Fuels (TSX:EFR) Headlines

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