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Stock impact report

Why Energy Fuels Stock Is Going Back Up [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
Now, Energy Fuels has the cash to fund operations for years, and its stock is bouncing back. 10 stocks we like better than Energy Fuels › Shares of Energy Fuels (NYSEMKT: UUUU) , a miner of uranium for use as atomic fuel in nuclear power plants, bounced back from their Friday slump on Monday, gaining 2.3% -- then soared 7.8% more through 10:30 a.m. ET Tuesday. It seems investors have gotten over their shock at Energy Fuels' Friday money grab. Image source: Getty Images. Energy Fuels raises cash Energy Fuels announced Friday it placed with private investors $700 million worth of convertible notes (that's debt that can be converted into shares, diluting existing shareholders Energy Fuels got a great rate on the debt -- just 0.75% interest -- and a decent duration as well. The debt doesn't come due until November 2031. Despite the favorable (to Energy Fuels) terms, demand for the debt was strong, and underwriters elected to expand the offering from its original size, ultim Show less Read more
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