Energy Fuels(UUUU)
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Former Critical Minerals Leader from General Motors Joins Energy Fuels to Advance Rare Earth Business; Separated NdPr Now Being Packaged at Energy Fuels' White Mesa Mill
Prnewswire· 2024-06-17 11:00
any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forwardlooking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company assumes no obligation to update the i ...
Energy Fuels (UUUU) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-06-14 22:50
The most recent trading session ended with Energy Fuels (UUUU) standing at $6.02, reflecting a -1.63% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 0.04%. Elsewhere, the Dow lost 0.15%, while the tech-heavy Nasdaq added 0.12%. Heading into today, shares of the uranium and vanadium miner and developer had lost 1.61% over the past month, outpacing the Basic Materials sector's loss of 3.61% and lagging the S&P 500's gain of 4.15% in that time. The ...
Energy Fuels Announces Election of Directors
Prnewswire· 2024-06-13 01:23
Group 1 - Energy Fuels Inc. held its annual and special meeting of shareholders on June 11, 2024, where ten nominees proposed by management for election as directors were elected [2] - The voting results showed that the nominee with the highest percentage of votes for was Alexander G. Morrison, receiving 48,511,981 votes, which is 97.65% [1] - The nominee with the lowest percentage of votes for was J. Birks Bovaird, receiving 45,321,752 votes, which is 91.23% [1] Group 2 - Energy Fuels is a leading U.S.-based uranium and critical minerals company, primarily involved in mining uranium and producing natural uranium concentrates for nuclear energy [1] - The company has recently expanded its production capabilities to include advanced rare earth element materials, starting with mixed REE carbonate in 2021 and commercial quantities of separated REEs in 2024 [1] - Energy Fuels operates the White Mesa Mill in Utah, the only conventional uranium mill in the U.S., with a licensed capacity of over 8 million pounds of U3O8 per year [1]
Energy Fuels Inc (UUUU) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-06-11 14:05
Energy Fuels (UUUU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this uranium and vanadium miner and developer have returned +1.2% over the past month versus the Zacks S&P 500 composite's +2.9% change. The Zacks Mining - Non Ferrous industry, to which Energy Fuels belongs, has lost 5.1% over this period. Now the key question is: Where could the stock be headed in the near ...
Is Energy Fuels (UUUU) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-06-10 14:35
Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Energy Fuels (UUUU) . Energy Fuels currently has an average brokerage recommendation (ABR) of 1.60, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by five brokerage firms. An ABR of 1.60 approximates between Strong Buy and Buy. Brokerage Recommendation Trends for UUUU Whil ...
Energy Fuels Achieves Commercial Production of 'On-Spec' Separated Rare Earths at its White Mesa Mill in Utah, While Simultaneously Advancing Uranium Production
Prnewswire· 2024-06-10 12:00
Core Viewpoint - Energy Fuels has achieved commercial production of separated neodymium-praseodymium (NdPr) at its White Mesa Mill, marking a significant milestone in the U.S. rare earth elements (REE) sector and enhancing domestic uranium production capabilities [5][6][11] Group 1: Production and Operations - The company is extracting, refining, and separating NdPr from monazite produced by Chemours at its heavy mineral sand operations in Florida and Georgia [1] - Energy Fuels expects to produce about 25 to 35 tonnes of on-spec, separated NdPr during Q2-2024, utilizing its new separation circuit [10] - The Phase 1 REE Separation Circuit was completed in Q1-2024 at a cost of approximately $16 million, significantly under the original budget of $25 million [1] Group 2: Future Plans and Expansion - Following the NdPr production run, the company plans to focus on processing substantial stockpiled uranium ore and alternate feed material inventories [2] - Energy Fuels aims to design and permit an expansion of REE separation capabilities at the Mill, potentially increasing capacity to 4,000 to 6,000 tonnes of NdPr per year [7] - The company has acquired or is in the process of acquiring several heavy mineral sand projects to secure monazite, including the Bahia Project in Brazil and the Donald Project in Australia [4] Group 3: Market Position and Strategic Importance - The NdPr produced meets specifications required for REE-based alloys used in electric vehicle motors and other clean energy applications, highlighting the strategic importance of this production for national and economic security [5][3] - Energy Fuels is positioned to become one of the largest separated REE producers globally, with expectations to receive material quantities of monazite from new projects starting as early as 2026 [4] - The company is also ramping up pilot testing for heavy rare earth separation, focusing on dysprosium (Dy) and terbium (Tb), which are critical for advanced technologies [10]
Wall Street Analysts Think Energy Fuels (UUUU) Could Surge 41.53%: Read This Before Placing a Bet
ZACKS· 2024-05-30 14:55
Core Viewpoint - Energy Fuels (UUUU) has seen a significant stock price increase of 25.1% over the past four weeks, closing at $6.79, with analysts suggesting a potential upside of 41.5% based on a mean price target of $9.61 [1]. Price Targets and Analyst Consensus - The average price target for UUUU ranges from a low of $6.50 to a high of $12.95, with a standard deviation of $2.67, indicating variability in analyst estimates [2]. - The lowest estimate suggests a decline of 4.3% from the current price, while the highest estimate indicates a potential upside of 90.7% [2]. - A low standard deviation among price targets suggests a strong agreement among analysts regarding the stock's price direction and magnitude [7]. Earnings Estimates and Market Sentiment - Analysts have shown increasing optimism about UUUU's earnings prospects, as evidenced by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [9]. - Over the last 30 days, the Zacks Consensus Estimate for the current year has risen by 29.8%, with no negative revisions reported [10]. - UUUU holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [11].
‘U' Is for Uranium: Power Up Your Portfolio With Energy Fuels Stock
investorplace.com· 2024-05-29 10:30
Trivia time: Which company has a stock ticker with four U's in it? The answer is Energy Fuels (NYSEAMERICAN:UUUU), and of course, the U's are for uranium. However, as we'll discover, Energy Fuels doesn't only mine for uranium and Energy Fuels stock is an unexpectedly diversified resource investment. Energy Fuels mainly focuses on uranium mining, a great industry to be involved with now. Congress recently approved a ban on Russian imports of uranium (with certain exceptions), so this bodes well for domestic ...
Brokers Suggest Investing in Energy Fuels (UUUU): Read This Before Placing a Bet
zacks.com· 2024-05-24 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Energy Fuels (UUUU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Energy Fuels currently has an average brokerage recommend ...
Energy Fuels(UUUU) - 2024 Q1 - Earnings Call Transcript
2024-05-06 20:00
Energy Fuels Inc (NYSE:UUUU) Q1 2024 Earnings Conference Call May 6, 2024 9:00 AM ET Company Participants Mark Chalmers - President and Chief Executive Officer Curtis Moore - Senior Vice President of Marketing and Corporate Development Nathan Bennett - Chief Accounting Officer Interim Chief Financial Officer Conference Call Participants Matthew Key - B. Riley Joseph Reagor - ROTH MKM Mike Heim - Noble Financial Markets Graham Tanaka - Tanaka Capital Management Operator Good morning. My name is Julie and I w ...