Core Insights - The article discusses the performance and outlook of Energy Fuels Inc. (UUUU), a uranium and rare earths miner, highlighting a previous Hold rating due to weak financial forecasts [2] Group 1: Company Overview - Energy Fuels Inc. is involved in uranium and rare earth mining, with a focus on the growing green economy [2] - The company has been under scrutiny for its financial performance, which has influenced analyst ratings [2] Group 2: Market Context - The green economy has experienced a compound annual growth rate (CAGR) of approximately 14% over the past decade, indicating significant growth potential in the sector [2]

Key Takeaways UUUU has ramped up output, exceeded guidance and secured long-term uranium supply contracts through 2032.Energy Fuels is expanding rare earth capacity at White Mesa to become a low-cost global NdPr producer.UEC restarted Wyoming ISR production but faces higher costs and a projected fiscal 2026 revenue decline.Energy Fuels (UUUU) and Uranium Energy (UEC) are U.S.-based uranium companies positioned to benefit from rising uranium demand driven by the global shift toward nuclear energy as a clean ...

Midstream: partnership and supply/offtake arrangements with SRC’s Rare Earth Processing Facility (REPF) in Saskatoon, including planned upgrades funded by REalloys that expand output to ~525 tpa NdPr metal plus ~30 tpa Dy oxide and ~10 tpa Tb oxide, and an exclusive offtake covering 80% of plant production.TJ: Upstream: Hoidas Lake REE project in Saskatchewan, with a defined resource base. Complemented by a diverse range of off-take MOUs with groups including but not limited to Critical Materials in Greenla ...

周二，稀土概念走高，Critical Metals(CRML.US)、USA Rare Earth(USAR.US)涨超7%，MP Materials(MP.US)、Energy Fuels(UUUU.US)涨超3%。消息面上，据报道，特朗普政府计划利用美国防 部创建的人工智能项目，在努力构建一个全球金属贸易集团之际，协助设定关键矿产的参考价格。这些 矿产参考价格将由美国防部的"国家安全开放价格探索"(OPEN)人工智能金属项目设定。据消息人士 称，特朗普政府官员正初步将OPEN的定价模型聚焦于至少四种关键矿产，包括锗、镓、锑和钨，之后 再扩展到其他矿产。 ...

Core Viewpoint - The rare earth sector experienced a rise, with companies like Critical Metals, USA Rare Earth, MP Materials, and Energy Fuels seeing significant stock increases due to the Trump administration's plans to establish a global metal trading group and set reference prices for critical minerals through an AI project by the Department of Defense [1] Group 1: Market Reaction - Critical Metals (CRML.US) and USA Rare Earth (USAR.US) saw stock increases of over 7% [1] - MP Materials (MP.US) and Energy Fuels (UUUU.US) experienced stock increases of over 3% [1] Group 2: Government Initiative - The Trump administration is leveraging an AI project created by the Department of Defense to assist in establishing reference prices for critical minerals [1] - The initiative is part of efforts to build a global metal trading group [1] Group 3: Focused Minerals - The initial focus of the pricing model under the "National Security Open Price Exploration" (OPEN) AI project includes at least four critical minerals: germanium, gallium, antimony, and tungsten [1] - There are plans to expand the pricing model to include additional minerals in the future [1]

Key Takeaways MP Materials is set to report Q4 2025 results on Feb. 26, with revenues seen down 2.3% year over year.MP posted record NdPr volumes in 2025, with nine-month output up 114% from last year.MP halted China shipments, losing a key revenue stream, while costs and valuation remain elevated.MP Materials (MP) is scheduled to announce its fourth-quarter 2025 results on Feb. 26, after market close.The consensus estimate for MP’s fourth-quarter revenues is $59.60 million, indicating a 2.3% decline from t ...

与此同时，来自伊朗、美国官员以及一些海湾国家和欧洲国家外交官的消息显示，随着美国和伊朗之间谈判陷入僵局，两国军事冲突风险正在加大。 下周周中，特朗普将发表国情咨文。先前白宫新闻秘书卡罗琳·莱维特未透露，特朗普是否计划在国情咨文演讲中，阐明对伊军事行动的目标与理由。 | 标的 | 时段 日期 | | --- | --- | | 达美乐比萨、道明尼资源 | 周一 | | 盘后 Hims & Hers Health. BWX Technologies | (2月23日) | | 盘前 家得宝、NRG Energy、亚玛芬体育 | 周二 | | 盘后 AMC院线、纳微半导体、惠普、第一太阳能 | (2月24日) | | Hut 8、TJX公司、Circle、劳氏 | | | 盘后 英伟达、塞富时、IonQ、新思科技、携程网 | (2月25日) | | 儒前 D-Wave、Vistra Energy、百度、百济神州 | 周四 | | 盘后 CoreWeave、SoundHound、MP Materials、戴尔科技 | (2月26日) | | 盘前 Energy Fuels、全球星 | 周五 | | | 周三 | | ...

Core Viewpoint - The launch of the ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) reflects a growing interest in nuclear power as a solution to increasing electricity demands driven by artificial intelligence and data centers [1] Group 1: ETF Overview - The SMRF ETF offers exposure to companies across the nuclear and small modular reactor value chain while pairing them with leading AI companies [1] - The ETF has a 0.65% expense ratio and employs an active options overlay strategy to generate monthly income and reduce volatility compared to its benchmark [1] - Thematic investing is gaining traction, with advisors seeking diversified exposure to long-term trends, making the addition of this ETF significant [1] Group 2: Nuclear Power Revival - The fund's strategy aligns with a broader shift in energy markets as tech companies look for reliable, carbon-free power sources for energy-intensive operations [1] - Small modular reactors are designed to be modular and can be assembled to meet varying power needs, representing a modern approach to nuclear energy [1] Group 3: Portfolio Construction - Top holdings include uranium miners such as Kazatomprom, Energy Fuels Inc., NexGen Energy, Uranium Energy Corp., and Cameco Corp., along with nuclear technology companies like BWX Technologies and Constellation Energy Corp. [1] - The fund's sector allocations are 40.4% in basic materials, 22% in technology, and 13.1% in industrials, with geographical exposure primarily in the United States (47.6%), Canada (19.2%), and Australia (6.8%) [1] - The options strategy may limit profit potential from sharp increases in underlying securities but offers exposure to the nuclear energy theme with steady income and managed volatility [1]

分组1 - Coeur Mining reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.43 per share, but showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of -18.61% [1] - The company posted revenues of $674.7 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.90%, and showing significant growth from year-ago revenues of $305.4 million [2] - Coeur Mining shares have increased approximately 22.3% since the beginning of the year, outperforming the S&P 500, which has shown a zero return [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $683.6 million, and for the current fiscal year, it is $1.99 on revenues of $2.69 billion [7] - The Mining - Non Ferrous industry, to which Coeur Mining belongs, is currently ranked in the top 32% of over 250 Zacks industries, indicating a favorable outlook for the sector [8] - Coeur Mining has a Zacks Rank of 1 (Strong Buy), suggesting that the stock is expected to outperform the market in the near future [6]

Core Insights - Cameco (CCJ) reported a 38% year-over-year increase in adjusted earnings per share to 36 cents, surpassing the Zacks Consensus Estimate by 24% [1][10] - The company experienced a 2% decline in uranium production, totaling 6 million pounds in Q4 2025, with mixed performance from its mines [2] - Total revenues increased by 1.5% year-over-year to CAD 1,201 million ($862 million), driven by a rise in fuel services segment revenues [4] Production and Sales - Uranium production from Cigar Lake rose by 4% to 2.6 million pounds, while output from McArthur River/Key Lake fell by 8% to 3.3 million pounds [2] - The company sold 11.2 million pounds of uranium, a decrease of 12.8% compared to Q4 2024, leading to a 1% decline in uranium revenues to CAD 1,027 million ($750 million) [3] Financial Performance - Total cost of sales decreased by 0.5% to approximately CAD 928 million ($677 million), with uranium segment costs down by 2% [5] - Cameco's total gross profit increased by 9% to CAD 273 million ($199 million) [5] - Cash and cash equivalents at the end of Q4 stood at CAD 1.2 billion ($0.88 billion), with long-term debt of CAD 1 billion ($0.73 billion) [6] Future Projections - For 2026, Cameco anticipates uranium production of 19.5-21.5 million pounds, a slight decrease from 2025's 21 million pounds [7] - Uranium revenues for 2026 are projected to be CAD 2.54–2.73 billion, based on an average realized price of CAD 85.00-89.00 per pound [8] - Total revenue guidance for 2026 is set at CAD 3.13-3.37 billion [9] Strategic Developments - Cameco has secured long-term contracts for approximately 230 million pounds of uranium, ensuring delivery visibility over the next five years [11] - The company entered a strategic partnership with the U.S. Government to support the deployment of Westinghouse nuclear reactors, with an investment value of at least $80 billion [13] Market Position and Valuation - Cameco's shares have increased by 142.7% over the past year, outperforming the industry average of 35.7% [17] - The stock is currently trading at a forward price-to-sales ratio of 19.54, indicating a stretched valuation compared to the industry average of 4.62 [18] - The company holds a significant position in the global uranium market, accounting for nearly 15% of worldwide output [23] Growth Drivers - Rising energy security concerns and a global push for low-carbon energy are expected to drive sustained demand for nuclear power [25] - Cameco's investments in production expansion and long-term contracts position the company well for future growth in the nuclear energy sector [26]