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Centrus Energy reports $4.5 billion in LEU and HALEU sales contract backlog as of August investor presentation

The Motley Fool +1 ·

LEU
LEU Centrus Energy Corp
$109.88 -0.22%
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  1. 1Centrus Energy reported a $4.5 billion backlog in LEU and HALEU sales contracts as of the August investor presentation.
  2. 2Centrus Energy has a market capitalization of $2.25 billion and a gross margin of 21.86%.
  3. 3The $2.4 billion market capitalization of the nuclear energy stock (Centrus) has the potential to grow to a $20 billion market capitalization.

So what's the key point?

Centrus Energy announced that it has $4.5 billion in fuel sales promised for the future. This means there is a possibility that the company could grow much larger than its current size.

Source The Motley Fool +1 · View original ↗

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