Core Insights - United States Antimony Corp. (UAMY) has reached a significant turning point with a projected revenue pipeline of $352 million, which is over 20 times last year's sales of $15 million, due to two long-term contracts [1][10] Group 1: Contracts and Revenue - The first major contract is a five-year, $245 million award from the Defense Logistics Agency (DLA) for domestically sourced metallic antimony ingots, crucial for defense technologies [2] - The second contract, valued at $107 million, is for antimony trioxide, used in flame retardants and solar glass, marking a historic multi-year revenue visibility for UAMY [2][10] Group 2: Strategic Positioning - UAMY's unique position as the only vertically integrated antimony producer in North America enhances its strategic value, especially as the U.S. seeks to secure supply chains for critical minerals [3][10] - The momentum is further supported by Executive Order 14017, which emphasizes the need for secure U.S.-aligned supply chains for critical minerals [3] Group 3: Production and Growth Potential - Management reported a significant increase in production capacity at its Montana and Mexico smelters, with plans to scale from approximately 100 tons per month to 500-600 tons by 2026 [4] - The company is also experiencing a ramp-up in sales, with October figures nearly matching third-quarter totals, indicating strong operational momentum [4] Group 4: Market Performance - UAMY's stock has surged 287% year-to-date, significantly outperforming the industry average growth of 23% [12] - The company trades at a forward price-to-sales ratio of 8.93, above the industry average and its five-year median of 4.77, indicating a premium valuation [13] Group 5: Earnings Outlook - The Zacks Consensus Estimate for UAMY's 2025 earnings suggests a 150% increase compared to the previous year, reflecting strong growth expectations [14]

VANCOUVER, British Columbia, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; NASDAQ: AEC; FRANKFURT: 0AD) (“Anfield” or the “Company”) has completed its first major procurement of specialized underground mining equipment. The Company placed an order for eight custom-built underground haul trucks from Young’s Machine Company, a family-owned manufacturer based in Monticello, Utah. This purchase marks a key milestone in Anfield’s ramp-up toward near-term production at its Velvet-Wood uranium ...

Core Insights - Energy Fuels Inc. is positioned as a key player in the critical minerals market, focusing on uranium and heavy rare earth elements (HREEs) [1][4][30] - The company operates the White Mesa Mill, which is undergoing expansion to enhance its processing capacity for HREEs, aiming to meet the growing demand for secure supply chains in North America [2][3][11] Company Overview - Energy Fuels Inc. is a diversified supplier of uranium and an emerging processor of HREEs, targeting global buyers with a focus on Western supply chains [2][4] - The operational strategy includes bridging primary extraction and downstream separation, which is increasingly important for electrification and defense sectors [2][11] Operational Strategy - The company's operations are built on three pillars: uranium production, rare earth extraction, and strategic partnerships [3][5] - The proposed Phase 2 expansion of the White Mesa Mill aims to process up to 60,000 tonnes of monazite per year, enhancing its capacity for commercial HREE output [3][5][13] Financial Performance - Energy Fuels has experienced significant stock performance, with a 1-year total shareholder return of 169.91% and a 5-year total return of 849.17% [6][9] - The company's price-to-sales (P/S) ratio was reported at 47.3x, significantly higher than peer averages, indicating high growth expectations [7][9] Market Position - Energy Fuels is strategically positioned within the North American resource space, competing with larger producers like Cameco and regional peers [4][24] - The company benefits from a niche in Western rare earth processing, which is increasingly valued due to geopolitical risks associated with non-Western suppliers [5][11][24] Leadership and Governance - The management team, led by CEO Mark S. Chalmers, combines operational experience in uranium markets with expertise in critical minerals [19][22] - High insider ownership is noted as a positive governance attribute, aligning management interests with those of shareholders [10][22] Industry Context - The company operates at the intersection of uranium mining and rare earth processing, providing essential services that many junior miners lack [11][14] - The global demand for HREEs, particularly for applications in electric motors and magnets, underscores the strategic importance of Energy Fuels' operations [3][5][11]

Financial Data and Key Metrics Changes - Cameco reported a strong financial performance for the first nine months of the year, with a significant increase of over $170 million in its share of Westinghouse's revenue recorded in the second quarter [22][24] - The company maintained a strong balance sheet with $779 million in cash and cash equivalents, $1 billion in total debt, and a $1 billion undrawn revolving credit facility [24] Business Line Data and Key Metrics Changes - The production forecast for the McArthur River and Key Lake operations was decreased from 18 million pounds to between 14 million and 15 million pounds due to development delays [20] - At the JB Inkai operation, production is on track to meet expectations of 8.3 million pounds, with Cameco's purchase allocation being 3.7 million pounds [21] - The fuel services division's annual production outlook remains on track, totaling between 13 million and 14 million kgU of combined fuel services products [21] Market Data and Key Metrics Changes - The long-term price of uranium is projected around $84 per pound, with indications that Cameco can drive premiums in the market due to its reliability and delivery history [36][37] - The uranium market is experiencing a gap between demand and supply, with expectations that the demand will increase significantly due to the U.S. Government's partnership and initiatives [60][62] Company Strategy and Development Direction - Cameco is focused on long-term value creation and enhancing energy security through partnerships, particularly with the U.S. Government and Westinghouse [25][56] - The company aims to support the next chapter of nuclear growth, emphasizing the importance of the entire fuel cycle, not just uranium mining [17][18] - The recent partnership with the U.S. Government is expected to stimulate the nuclear supply chain and create significant growth opportunities for both Cameco and Westinghouse [12][56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the nuclear industry's growth, highlighting the importance of energy security and the transition to clean energy [12][25] - The partnership with the U.S. Government is seen as a catalyst for nuclear development, with expectations for multiple reactors to be built in the coming years [56][86] - Management acknowledged the challenges in the market but emphasized the company's strategic position to execute and deliver value [17][18] Other Important Information - Cameco announced a 2025 annual dividend of $0.24 per common share, reflecting its improving financial performance [24] - Changes in the executive team were highlighted, with the retirement of the Chief Marketing Officer and the appointment of a new Senior Vice President and Chief Marketing Officer [26][28] Q&A Session Summary Question: Flexibility of standby product loan facilities - Management confirmed that discussions regarding standby product loan facilities are flexible and availability remains strong [32][34] Question: U.S. leadership role in demand outlook - Management indicated that the market is recognizing the value of producers in safe jurisdictions, and pricing dynamics are evolving [36][37] Question: Details on the U.S. Government partnership - Management expressed excitement about the partnership, emphasizing its potential to stimulate nuclear build and the importance of financing and permitting [44][46][56] Question: Pricing dynamics and contracting activity - Management remains constructive on uranium pricing, indicating that supply discipline is necessary to reflect fundamental production economics [58][62] Question: Westinghouse's capacity for new builds - Management noted that Westinghouse has a healthy pipeline of projects and is positioned to start multiple reactors as long as long lead items are managed properly [66][71] Question: Restarting conversion capacity - Management stated that the decision to restart conversion capacity is dependent on long-term contracts rather than just price [74][76] Question: Potential for U.S. Government to support more reactors - Management confirmed ongoing discussions with utilities and the potential for further reactor builds beyond the initial agreement [81][84] Question: TRL six achievement for GLE - Management highlighted that achieving TRL six removes technology risk and allows for meaningful engagement with utilities regarding GLE [88][90] Question: Framework for Westinghouse's contracting - Management confirmed that the existing contracting framework remains useful, subject to finalizing agreements with the U.S. Government [94][96]

Core Insights - Energy Fuels Inc. (UUUU) is expected to report a loss for Q3 2025 despite a significant revenue increase of 143% year-over-year, with revenues projected at $9.85 million compared to $4 million in the same quarter last year [1][4] - The earnings estimate remains unchanged at a loss of eight cents per share, indicating a wider loss than the previous quarter's loss of seven cents [1][4] Revenue and Earnings Estimates - The Zacks Consensus Estimate for UUUU's revenues for Q3 2025 is $9.85 million, reflecting a 143% increase from the $4 million reported in Q3 2024 [1] - The earnings estimate has not changed over the past 60 days, remaining at a loss of eight cents per share [1][2] Performance Factors - Higher uranium sales and prices are expected to contribute positively to revenue growth, with uranium prices averaging around $71 per pound in July and rising to approximately $82.6 per pound by September [8][9] - The company sold 50,000 pounds of uranium at an average price of $77 per pound in Q2 2025 and plans to sell 140,000 pounds in Q3 2025 [7][9] - Increased operational and development costs are anticipated to negatively impact profitability, including higher salaries and benefits due to an increased headcount [10][11] Market Position and Valuation - Energy Fuels has outperformed its peers, with shares gaining 325.4% year-to-date compared to the industry's 32.3% growth [14][15] - The stock is currently trading at a forward sales multiple of 42.64, significantly higher than the industry average of 3.79 [17] Strategic Outlook - The company is ramping up uranium production and advancing rare earth element (REE) capabilities to meet growing demand in clean energy technologies [18][21] - Energy Fuels has achieved a breakthrough in manufacturing high-purity NdPr oxide into commercial-scale rare-earth permanent magnets for use in electric vehicles [20]

The uranium trade going nuclear today on news. Brookfield Asset Management is in talks to buy two reactors from South Carolina. Santi Cooper shares of Centric Oaklo uranium Energy and others all seeing outsiz gains.You've been long in this uh trade for a very long time. Tim, what do you make of this action. I >> I think it's interesting.It it goes to show that there are assets changing hands. It's certainly putting more valuations in the space. We know the government is committed to build out.We also know t ...

Core Insights - Energy Fuels Inc. will hold a conference call on November 4, 2025, at 9:00 AM Mountain Time to discuss its Q3-2025 financial results [1][2] Company Overview - Energy Fuels is a leading U.S. producer of uranium, rare earth elements, and critical minerals, operating several uranium projects in the western United States [4] - The company has been the leading U.S. producer of natural uranium concentrate, which is sold to nuclear utilities for carbon-free nuclear energy production [4] - Energy Fuels owns the White Mesa Mill in Utah, the only fully licensed and operating conventional uranium processing facility in the U.S., and produces advanced rare earth element products and vanadium oxide [4] - The company is also exploring the recovery of medical isotopes for cancer treatments and is developing three heavy mineral sands projects in Madagascar, Brazil, and Australia [4]

Core Insights - SAGA Metals Corp. is advancing its Radar Project with preparations for Phase 1 of the 2025–2026 drill program at the Trapper Zone, aiming for a maiden Mineral Resource Estimate [1][15][19] Drilling Program Preparation - Drill crews are set to mobilize in early November for a 15,000 m diamond drilling program targeting a 3 km strike length and oxide layering to depths of approximately 200 meters [3][5][6] - The initial drilling will consist of 1,500-2,500 m across 6-10 holes, each around 250 m deep, with continuous core logging and assay results throughout the program [6][9] Metallurgical Testing - SAGA has commissioned Impact Global Solutions Inc. to conduct metallurgical tests on diamond drill core and surface samples, focusing on the correlation between various assays and yields from vanadiferous titanomagnetite [7][8] - Preliminary tests will assess the quality and yields of potential VTM concentrates from different intrusive layers [8][12] Project Outlook - The Radar Property spans 24,175 hectares and hosts the Dykes River intrusive complex, with geological mapping confirming oxide layering over more than 20 km [10][11] - The project is positioned as a potential strategic supplier of titanium, vanadium, and iron to North American markets, comparable to global Fe–Ti–V systems [11][19] Financial and Strategic Position - The company recently completed a fully subscribed financing of approximately $3 million, enhancing its capacity for the drilling program and resource estimation efforts [16][19] - The successful drilling at the Hawkeye Zone in early 2025 has confirmed broad zones of titano-magnetite-rich oxide layering, supporting ongoing exploration momentum [17][19]

Core Insights - Nuclear energy is gaining traction as a reliable power source, with stocks in the industry, particularly Cameco and Oklo, experiencing significant growth [1][2] - The demand for power from data centers, driven by AI, is projected to increase by 165% by 2030, highlighting the need for reliable energy sources like nuclear [1] Group 1: Industry Overview - Nuclear energy is experiencing a global revival, driven by the shift towards low-carbon baseload power and increasing interest in nuclear technology [4] - The nuclear sector requires substantial upfront capital, long lead times, and extensive regulatory oversight for projects such as mining, fuel cycling, and reactor development [4] Group 2: Company Comparisons Cameco - Cameco is one of the world's largest uranium providers, controlling significant high-grade mineral reserves and operating in two segments: uranium and fuel services [5] - The uranium segment includes exploration, mining, milling, and trading of uranium concentrate, with major stakes in the McArthur River and Key Lake mines, as well as Cigar Lake and a joint venture in Kazakhstan [6][7] - Cameco operates the largest commercial uranium refinery in Blind River, Ontario, and holds a 49% interest in Westinghouse, a nuclear reactor technology OEM [8] Oklo - Oklo, founded in 2013, is an early-stage company focused on developing advanced fission power plants with metal-fueled fast-reactor technology [9] - The Aurora powerhouse, Oklo's core product, is designed for compact, scalable electricity production, initially targeting outputs of 15 MWe and 75 MWe, with potential expansion [9][10] - As a pre-revenue company, Oklo reported an operating loss of $45.9 million in the first half of the year, with expected cash usage of $65 million to $80 million for the full year 2025 [11] Group 3: Investment Considerations - Cameco is positioned to benefit from rising uranium prices due to years of underinvestment and mine depletion, with a strong stake in Westinghouse enhancing its market position [13] - Oklo's potential lies in successfully deploying its Aurora reactors, which could serve areas where grid extension is uneconomical [14] - Both companies have seen significant stock price increases, with Cameco rising by 68% and Oklo by 1,119% over the past year, but Cameco is viewed as a better buy due to its established market presence and revenue generation timeline [16][17]

Core Insights - Energy Fuels (UUUU) shares increased by 9.4% to close at $19.7, with a notable 42.5% gain over the past four weeks, driven by strong trading volume [1][2] Company Developments - An analyst at B. Riley raised Energy Fuels' target price from $11 to $22, contributing to the stock's upward momentum [2] - China's new export controls on rare earths, aimed at national security, have positively impacted U.S. producers like Energy Fuels, which is expanding its rare earth capabilities [2][3] - Energy Fuels is producing high-purity separated neodymium-praseodymium (NdPr) oxide at commercial scale from monazite and is piloting the separation of heavy rare earth elements [3] Financial Performance - The company is expected to report a quarterly loss of $0.08 per share, a year-over-year decline of 14.3%, while revenues are projected to be $9.85 million, reflecting a 143.2% increase from the previous year [4] - The consensus EPS estimate for Energy Fuels has remained unchanged over the last 30 days, indicating a potential stabilization in stock price movements [5] Industry Context - Energy Fuels is part of the Zacks Mining - Non Ferrous industry, which includes Coeur Mining (CDE), another player in the sector that has seen a 40.6% return in the past month [6] - Coeur Mining's consensus EPS estimate has increased by 26.8% over the past month, indicating strong performance expectations within the industry [7]