Overview

• Shares rose about 11.4% intraday as of 10:43 a.m. ET on Thursday, extending a multi-day rally.
• B. Riley raised its price target to $22 from $11 and maintained a buy rating, citing further upside potential.
• China introduced new licensing requirements for exports tied to rare earth content and related technologies, tightening global supply.
• The stock touched an intraday 52-week high of $20.51 and ended the session up 9.44% at $19.70, according to market reporting.
• Energy Fuels is building rare-earth separation capacity targeting 4,000–6,000 metric tons of NdPr annually, though its profitability has been inconsistent.