Energy Fuels is one for the long term, he suggests, as it continues to struggle with weak uranium prices.
2016 revenue came in at $54.55mln with uranium sales of 1.15 million pounds and a net loss of $39.41mln.
Numbers were expected...
Such numbers were to be expected given market conditions, says Lundin.
"The good news for Energy Fuels is that it owns a collection of permitted, advanced-stage assets that are either already on production or can be brought on production quickly once markets are more favourable. These projects should let Energy Fuels leapfrog its less developed competitors when the time is right," says Lundin.
Meanwhile, Endeavour's 2016 results showed the effects of the company's cost-cutting efforts during the year, he said separately.
He notes all-in sustaining costs fell by 20% in the year to $12.34 per ounce, and although revenue was down, adjusted income came to $3.9mln - a significant improvement on the adjusted loss of $11.2mln in 2015.
Plenty of cash at year end..
Endeavour finished the year with $72.3million in cash and equivalents, he said.
"It is now moving into the second quarter of 2017 with plenty of money and with three development-stage projects to catch the market's attention.
"One of those projects, Terronera, should see a prefeasibility study this year, while another, El Compas, should see a preliminary economic assessment."
Endeavour has plenty of news ahead and is a buy at current levels, says Lundin.
Energy Fuels shares in Toronto were unchanged at $2.67.
Endeavour Silver added 0.24% to $4.15.