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Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) announced that it has been added to the Russell 3000® Index. In addition to this, the company has also joined the Russell 2000® Index, which measures the performance of the small-cap segment of the US equity universe.
As quoted in the press release:
The Russell 3000® Index measures the performance of the largest three-thousand companies in the U.S. equity market. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $5.7 trillion in assets are benchmarked to the Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
Stephen Antony, president and CEO of Energy Fuels, commented:
Inclusion on the Russell 3000® Index is an exciting accomplishment for Energy Fuels. We are constantly working to create shareholder value and being added to the Russell 3000® Index provides an excellent opportunity to introduce our company to a broader universe of retail and institutional investors. More importantly, we believe nuclear energy is the best technology available to produce baseload electricity with very low life-cycle air and carbon emissions. As a leading producer of uranium in the United States, and with the United States being the largest producer of nuclear energy in the World, we are very optimistic about the future of Energy Fuels.
Click here to read the Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) press release
Click here to see the Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) profile.