Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

Energy Fuels banks $98.8M in working capital as it stands ready to supply uranium globally

The company noted it has several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium At current commodity prices, Energy Fuels’ inventory has a value of $39.1 million Energy Fuels Inc. ( TSX:EFR , NYSEMKT:UUUU ) reports that it had $98.8 million of working capital, including $79.4 million of cash and marketable securities and $29.2 million of inventory, as of June 30, 2021.

In a statement, the company added that at current commodity prices, its inventory has a value of $39.1 million.

During the quarter ended June 30, 2021, Energy Fuels also noted that it incurred a net loss of $10.8 million, which included a non-cash mark-to-market increase in warrant liabilities during the quarter of $3.6 million, resulting from a significant increase in its share price.

With several existing uranium mines on standby and significant existing inventories of company-produced, US-origin uranium, the company said it continues to be […]

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