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Video: What is a Stock Split?
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Energy Fuels is engaged in conventional and in situ recovery uranium extraction and recovery, along with the exploration, permitting, and evaluation of uranium properties in the U.S. Co. also extracts and recovers vanadium from certain of its uranium projects, as market conditions warrant. Co. has commenced its ramp-up to commercial production of rare earth element (REE) carbonate, another byproduct of the uranium recovery process, and is evaluating the potential to recover isotopes from its existing process streams needed for emerging targeted alpha therapy cancer therapeutics. Co.'s White Mesa Mill is a conventional uranium, vanadium and REE recovery facility operating in the U.S. According to our UUUU split history records, Energy Fuels has had 1 split. | |
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Energy Fuels (UUUU) has 1 split in our UUUU split history database. The split for UUUU took place on November 05, 2013. This was a 1 for 50 reverse split, meaning for each 50 shares of UUUU owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 20 share position following the split.
When a company such as Energy Fuels conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the UUUU split history from start to finish, an original position size of 1000 shares would have turned into 20 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Energy Fuels shares, starting with a $10,000 purchase of UUUU, presented on a split-history-adjusted basis factoring in the complete UUUU split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$9.77 |
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End price/share: |
$6.29 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-35.62% |
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Average Annual Total Return: |
-4.31% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$6,437.51 |
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Years: |
10.00 |
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Date |
Ratio |
11/05/2013 | 1 for 50 |
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