Uranium company founder upbeat

To Continue Reading, Please Log In


Forgot your password?

7-day subscribers of The Daily Sentinel have unlimited access to all digital content with their log-in. Guests must register for limited access -- 12 articles a month.

Already a 7-day subscriber? Start here to activate your online access.
Don't have a username and password? Register now

COMMENTS

Commenting is not available in this channel entry.

The real question is whether Energy Fuels is financially stable enough to be trusted with the operation and ultimate clean-up of a uranium mill. The fact that they have a “going concern” statement from their auditors in their financial statements suggests that their independent auditors think that there is a probability this company will fail. Their current ratio is not encouraging, and is dependent upon their “inventories” to cover all current expenses. In financial analyst circles that makes the company illiquid. Their current stock price is $0.16, with a downward trend line.

You can see their financial statements here:

http://www.energyfuels.com/downloads/financial/June30-2012-Financials.pdf

You can see their stock trends here:
http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=EFR:CN



TOP JOBS
  • Rns & Cnas

    Join our amazing nursing team as we serve our residents with compassionate, e...

  • Insurance

    Become a State Farm Agent in Fruita $30,000 In Signing Bonuses

  • Delivery Position

    BUSINESS OPPORTUNITY Would you like to deliver newspaper...

  • Customer Service

    FULL TIMERECEPTIONISTPlatinum Properties, a growing real e...

  • Hiring Event

    September is Workforce Development Month!! Job...

  • Autocad Draftsman

    Land Surveying Company looking forfor platting of oil and gas rig...

Search More Jobs





THE DAILY SENTINEL
734 S. Seventh St.
Grand Junction, CO 81501
970-242-5050
Editions
Subscribe to print edition
E-edition
Advertisers
Sign in to your account
Information

© 2014 Grand Junction Media, Inc.
By using this site you agree to the Visitor Agreement and the Privacy Policy