Energy Fuels (EFR) AI Stock Analysis

• Market Cap: $1.66B
• Dividend Yield: N/A
• Average Volume (3M): 648.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.98
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: CA
• Employees: 1,260
• Sector: Energy
• Sector Strength: 46
• Industry: Uranium
• EPS (TTM): -0.18
• Shares Outstanding: 216,669,370
• 10 Day Avg. Volume: 962,563
• 30 Day Avg. Volume: 648,110
• PEG Ratio: 0.53
• Price to Book (P/B): 1.59
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.97
• Enterprise Value/Market Cap: 0.60
• Enterprise Value/Revenue: 4.84
• Enterprise Value/Gross Profit: 50.53
• Enterprise Value/Ebitda: -8.92
• 1Y Price Target: $10.33
• Price Target Upside: 38.12% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• 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

De-risking and Expansion

Energy Fuels is well-positioned for continued growth due to de-risking and expanding operations.

Operational Momentum

Revised guidance reflects increased confidence in full-year production targets and highlights UUUU’s growing operational momentum.

Revenue Growth

Energy Fuels experienced notable year-over-year revenue growth driven by heavy mineral sand sales, showing strong sales performance.

Negative Factors

2025 Guidance

2025 guidance was well below prior expectations, driven by the current weak uranium spot price.

Revenue Decline

The decline in revenue YoY is primarily due to a lack of sales of uranium concentrate.

Uranium Spot Price

The biggest near-term risk for Energy Fuels is a further decline in the uranium spot price.

Energy Fuels Business Overview & Revenue Model

Company Description

Energy Fuels Inc., together with its subsidiaries, engages in the extraction, recovery, exploration, and sale of conventional and in situ uranium recovery in the United States. The company owns and operates the Nichols Ranch project, the Jane Dough property, and the Hank project located in Wyoming; and the Alta Mesa project located in Texas, as well as White Mesa Mill in Utah. It also holds interests in uranium and uranium/vanadium properties and projects in various stages of exploration, permitting, and evaluation located in Utah, Wyoming, Arizona, New Mexico, and Colorado. The company was formerly known as Volcanic Metals Exploration Inc. and changed its name to Energy Fuels Inc. in May 2006. Energy Fuels Inc. was incorporated in 1987 and is headquartered in Lakewood, Colorado.

How the Company Makes Money

Energy Fuels generates revenue primarily through the production and sale of uranium and rare earth elements. The company's key revenue streams include supplying uranium to nuclear power plants, where it is used as fuel to generate electricity. Additionally, the company processes monazite sands to extract rare earth elements, which are vital for various high-tech applications including renewable energy technologies, electronics, and defense systems. Energy Fuels has strategic partnerships and contracts with companies and government entities that facilitate the sale and distribution of these materials. The company's earnings are influenced by market demand for clean energy solutions, global supply chain dynamics, and regulatory policies affecting the mining and energy sectors.

Energy Fuels Financial Statement Overview

Summary

Energy Fuels demonstrates strong revenue growth, notably increasing from $37.9 million in 2023 to $78.1 million in 2024. However, the company faces challenges in profitability with persistent net losses and negative cash flow, indicating operational inefficiencies. The balance sheet is robust with low debt levels, but negative cash flow raises sustainability concerns.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
78.11M	37.93M	12.52M	3.18M	1.66M
	Gross Profit
22.20M	19.75M	4.67M	1.37M	14.00K
	EBIT
-47.52M	-32.37M	-44.94M	-35.42M	-22.98M
	EBITDA
-34.05M	-29.62M	-56.51M	-32.24M	-20.28M
	Net Income Common Stockholders
-47.77M	99.86M	-89.33M	-763.00K	-29.12M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
119.46M	190.49M	75.01M	113.01M	22.41M
	Total Assets
611.97M	401.94M	273.95M	315.45M	183.24M
	Total Debt
2.18M	1.32M	1.38M	469.00K	758.00K
	Net Debt
-36.42M	-56.13M	-61.44M	-112.05M	-19.41M
	Total Liabilities
80.29M	22.73M	29.54M	19.92M	25.69M
	Stockholders Equity
527.79M	375.25M	240.43M	291.57M	153.81M
Cash Flow		Free Cash Flow
-75.00M	-60.12M	-51.70M	-30.66M	-32.80M
	Operating Cash Flow
-43.97M	-15.41M	-49.70M	-29.29M	-32.18M
	Investing Cash Flow
-13.30M	-23.85M	-7.07M	3.19M	3.58M
	Financing Cash Flow
15.59M	30.41M	7.87M	117.94M	36.58M

Energy Fuels Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.48
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EFR, the sentiment is Positive. The current price of 7.48 is above the 20-day moving average (MA) of 6.84, above the 50-day MA of 6.25, and above the 200-day MA of 7.29, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 62.22 is Neutral, neither overbought nor oversold. The STOCH value of 80.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:EFR.

Energy Fuels Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEU	73 Outperform	$2.32B	22.44	85.99%	―	58.72%	38.27%
MRC	68 Neutral	$1.08B	41.18	8.29%	―	-9.84%	-111.71%
UEC	63 Neutral	$2.72B	―	-9.06%	―	70.62%	-447.72%
CLNE	58 Neutral	$393.35M	―	-30.25%	―	6.50%	-151.25%
Sector *	57 Neutral	$7.22B	3.16	-4.49%	5.63%	0.82%	-49.15%
URG	55 Neutral	$302.80M	―	-45.54%	―	200.09%	26.67%
EFR	51 Neutral	$1.66B	―	-16.11%	―	―	―

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.