Energy Fuels (EFR) AI Stock Analysis

• Market Cap: C$5.22B
• Dividend Yield: N/A
• Average Volume (3M): 2.48M
• Price to Earnings (P/E): ―
• Beta (1Y): 2.74
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 1,260
• Sector: Energy
• Sector Strength: 52
• Industry: Uranium
• EPS (TTM): -0.10
• Shares Outstanding: 237,286,770
• 10 Day Avg. Volume: 2,021,614
• 30 Day Avg. Volume: 2,479,284
• PEG Ratio: 0.13
• Price to Book (P/B): 1.67
• Price to Sales (P/S): 11.29
• P/FCF Ratio: -10.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$27.63
• Price Target Upside: 25.70% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: ―

Energy Fuels is positioned for growth with strong revenue increases and strategic partnerships in critical mineral supply chains. However, persistent net losses, negative cash flow, and bearish technical indicators weigh down the overall score. The company's robust balance sheet and strategic initiatives provide potential for future upside, but current operational inefficiencies need resolution to improve its financial health.

Positive Factors

Revenue Growth

The substantial revenue growth indicates strong demand for the company's products and successful market expansion, supporting long-term business sustainability.

Strong Financial Position

A robust financial position with significant working capital enhances the company's ability to invest in growth opportunities and weather economic challenges.

Rare Earth Segment Progress

Advancements in the rare earth segment diversify the company's product offerings and position it to capitalize on growing demand for critical minerals.

Negative Factors

Unprofitability

Continued unprofitability poses a risk to long-term viability, as it may limit reinvestment in operations and strategic initiatives.

Negative Cash Flow

Negative cash flow indicates operational inefficiencies and may hinder the company's ability to fund growth and manage debt effectively.

Lower Uranium Grades

Lower uranium grades can impact production efficiency and profitability, potentially affecting the company's competitive position in the market.

Energy Fuels Business Overview & Revenue Model

Company Description

Energy Fuels Inc. (UUUU) is a leading U.S.-based uranium and vanadium mining company, headquartered in Lakewood, Colorado. The company operates in the nuclear energy sector, focusing on the extraction and production of uranium, which is essential for nuclear fuel. In addition to uranium, Energy Fuels also produces vanadium, a critical metal used in steel production and energy storage applications. The company holds several mining operations and projects across the western United States, positioning itself as a key player in the growing demand for clean energy solutions.

How the Company Makes Money

Energy Fuels generates revenue primarily through the sale of uranium and vanadium. The company's revenue model is based on the extraction and processing of these minerals, which are then sold to various customers, including nuclear power plants and industrial users. Key revenue streams include the direct sale of uranium concentrate, also known as yellowcake, and vanadium products. The company may also engage in long-term contracts and spot market sales, which can fluctuate based on market demand and pricing. Additionally, Energy Fuels has strategic partnerships and agreements with other companies in the nuclear and energy sectors, which may provide further revenue opportunities and enhance its market position. Factors contributing to its earnings include the global demand for nuclear energy, government policies supporting clean energy initiatives, and the volatility of the commodities market for uranium and vanadium.

Energy Fuels Financial Statement Overview

Summary

Energy Fuels has shown significant revenue growth but remains unprofitable with negative cash flows. The balance sheet is strong with low leverage, but operational inefficiencies need improvement for sustainable profitability.

Income Statement

Energy Fuels has demonstrated significant revenue growth, increasing from $12.5M in 2022 to $78.1M in 2024. However, the company remains unprofitable, with a negative net income of $47.8M in 2024. Margins are concerning, with a gross profit margin of approximately 28.4% in 2024 and negative EBIT and EBITDA margins, indicating operational inefficiencies.

Balance Sheet

The balance sheet shows a strong equity base with a stockholders' equity of $527.8M in 2024, reflecting a solid equity ratio of 86.3%. The debt-to-equity ratio is low at 0.004, indicating minimal leverage, which reduces financial risk. However, the company has yet to achieve a positive ROE due to persistent losses.

Cash Flow

Energy Fuels has faced challenges in cash flow generation, with a negative free cash flow of $74.9M in 2024. Operating cash flows have also been negative, and the operating cash flow to net income ratio indicates that cash losses are significant compared to net income. The free cash flow to net income ratio is negative, highlighting the company's struggle to convert earnings into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	78.74M	78.11M	37.93M	12.52M	3.18M	1.66M
Gross Profit	-4.06M	17.00M	15.80M	-154.00K	-3.10M	1.66M
EBITDA	-90.66M	-43.02M	103.97M	-55.12M	5.97M	-22.31M
Net Income	-97.77M	-47.77M	99.86M	-59.85M	1.54M	-27.78M
Balance Sheet
Total Assets	758.32M	611.97M	401.94M	273.95M	315.45M	183.24M
Cash, Cash Equivalents and Short-Term Investments	235.26M	119.46M	190.49M	75.01M	113.01M	22.41M
Total Debt	0.00	2.18M	1.32M	1.38M	469.00K	758.00K
Total Liabilities	50.75M	80.29M	22.73M	29.54M	19.92M	25.69M
Stockholders Equity	703.25M	527.79M	375.25M	240.43M	291.57M	153.81M
Cash Flow
Free Cash Flow	-133.02M	-82.34M	-60.65M	-51.70M	-30.66M	-32.80M
Operating Cash Flow	-109.91M	-52.96M	-15.94M	-49.70M	-29.29M	-32.18M
Investing Cash Flow	-107.38M	-13.30M	-23.77M	-6.94M	3.50M	3.71M
Financing Cash Flow	239.58M	15.59M	30.33M	7.74M	117.63M	36.45M

Energy Fuels Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEU	72 Outperform	$5.36B	44.71	51.74%	―	15.25%	37.48%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
UEC	55 Neutral	$5.88B	―	-9.95%	―	29737.95%	-187.76%
EFR	51 Neutral	C$5.22B	―	-18.17%	―	―	―
CLNE	45 Neutral	$609.62M	-3.05	-31.94%	―	2.59%	-192.73%
MRC	45 Neutral	$1.17B	―	0.28%	―	-10.96%	-169.10%
URG	44 Neutral	$541.75M	-6.63	-65.17%	―	138.94%	-62.94%

Energy Fuels Corporate Events

Energy Fuels and Chemours Forge Alliance to Bolster U.S. Critical Mineral Supply Chain

Energy Fuels and The Chemours Company have announced a strategic alliance to enhance the U.S. domestic supply chain for critical minerals, such as rare earth elements, titanium, and zirconium. This partnership aims to leverage the complementary capabilities of both companies to address supply chain challenges and reduce reliance on foreign sources, thereby strengthening America’s industrial base and national security.

Energy Fuels and POSCO Collaborate to Establish Non-China Rare Earth Magnet Supply Chain

Energy Fuels Inc. has signed a Memorandum of Understanding with South Korea-based POSCO International to create a non-China rare earth magnet supply chain. This collaboration aims to link Energy Fuels’ U.S. rare earth oxide production with POSCO’s expertise in traction motor cores, potentially enabling the production of permanent rare earth magnets for electric vehicles in the U.S., Europe, Japan, and South Korea. The agreement could significantly impact the market by providing a scalable and geopolitically shielded supply chain for rare earth elements, with plans to power over 30,000 electric vehicles by the end of the year.

Energy Fuels Reports Strong 2024 Results and Strategic Advancements

Energy Fuels reported strong financial results for 2024, highlighting the resumption of U.S. uranium mining, profitable uranium sales, and commercial rare earth production. The company secured two critical mineral projects expected to provide low-cost rare earth feedstocks, enhancing its strategic positioning in the U.S. critical mineral space. These developments are part of Energy Fuels’ strategy to diversify into high-growth markets and secure domestic supply chains, positioning the company for long-term shareholder value and a significant role in American energy dominance.

Energy Fuels Schedules 2024 Earnings Call for February 27, 2025

Energy Fuels Inc. announced it will host a conference call and webcast on February 27, 2025, to discuss its 2024 financial results. The release of these results and the subsequent discussion will provide insights into the company’s performance and strategic positioning within the critical minerals and nuclear energy sectors. Stakeholders can participate in the call to gain a deeper understanding of the company’s operations and outlook.

Energy Fuels and Navajo Nation Forge Landmark Agreement on Uranium Transport

Energy Fuels Inc. has signed a landmark agreement with the Navajo Nation to safely resume the transportation of uranium ore from its Pinyon Plain Mine in Arizona to the White Mesa Mill in Utah. This agreement includes additional safety measures beyond USDOT requirements, addressing historical issues and strengthening relationships with the Navajo Nation. The deal marks a significant step in cleaning up abandoned uranium mines and repairing trust with the Navajo people, demonstrating a collaborative approach to addressing past grievances.