Strategic ExpansionAn initial valuation of $400 million has been added for the planned expansion of the White Mesa Facility, assuming a feasibility study with an NPV of $500-700 million.
Uranium Asset ValuationsThe asset valuations for UUUU's uranium assets have been increased based on the expectation of a $100 per pound uranium price in 2026.
Valuation IncreaseSome underlying tailwinds that drove the company's valuation increase are considered sticky, leading to an increased price target from $7.25 to $11.50.