Date: Dec 19, 2018

Shares of Energy Fuels Inc. (TSE:EFR) last traded at 4.29, representing a move of -0.69%, or -0.03 per share, on volume of 183,485 shares. After opening the trading day at 4.28, shares of Energy Fuels Inc. traded in a close range. Energy Fuels Inc. currently has a total float of 91.04M shares and on average sees 328,614 shares exchange hands each day. The stock now has a 52-week low of 1.82 and high of 5.38.

Facts About S&P/TSX Index

S&P/TSX is Canada’s leading market index that features stocks of the largest companies listed on the Toronto Stock Exchange. The index features stocks as measured by market-capitalization, and currently account for 70% of the total market capitalization of the TSX.

The S&P TSX came into being after replacing the TSE 300 Index that was initially used as a benchmark for the country’s stock market. The performance of the index is most of the time used by investors worldwide to gauge the health of the country’s equity market as well as overall economy.

Listing Requirements

Inclusion into the index requires a company to have its stock first listed on the TSX. The company must also be incorporated under Canadian laws. Given that the index is market-capitalization weighted, all stocks listed must weigh at least 0.05% of the index with a share price tag of not less than C$1 in the last three trading session of any given month. Energy Fuels Inc. complies with the rules for listing.

The index also plays close watch to a company’s liquidity prior to the listing of its stock. For a stock to be listed on the S&P TSX it must be liquid enough to support unusual volume changes as well as dollar movements. The measure also ensures that at no one point one stock dominates the movement of the entire index.

To read full article please click here