UUUU Vs LEU: Which US Uranium Stock is the Better Buy Right Now?

Core Viewpoint - Energy Fuels Inc. (UUUU) and Centrus Energy (LEU) are well-positioned to benefit from the global shift towards nuclear energy as a clean power source, despite facing challenges from declining uranium prices and market dynamics [1][2][3]. Group 1: Market Dynamics - Uranium prices have declined by 20.5% over the past year, reaching an 18-month low of $64 per pound before recovering to around $71 per pound [2]. - The U.S. aims to expand its nuclear energy capacity from approximately 100 GW in 2024 to 400 GW by 2050, which is expected to revitalize the uranium market [3][4]. Group 2: Company Performance - Energy Fuels has seen a 33.5% year-over-year revenue decline to $16.9 billion in Q1 2025, primarily due to deferred uranium sales [9]. - Centrus Energy reported a 67% year-over-year revenue increase to $73.1 million in Q1 2025, with the LEU segment revenues surging 117% [18]. Group 3: Production and Sales Outlook - Energy Fuels produced 150,000 pounds of finished uranium in Q1 2025 and expects to ramp up production to 1,000,000 pounds by the end of 2025 [11][13]. - Centrus Energy has a $3.8 billion revenue backlog, including long-term contracts with major utilities through 2040 [19]. Group 4: Valuation and Investment Potential - UUUU shares have gained 6.3% this year, while LEU shares have surged 92% [29]. - Centrus Energy is trading at a forward price-to-sales multiple of 4.79X, making it more attractive compared to Energy Fuels' multiple of 13.47X [30]. - Centrus Energy is currently rated as a Strong Buy, while Energy Fuels has a Sell rating [34].