Energy Fuels (UUUU) AI Stock Analysis

• Market Cap: $2.03B
• Dividend Yield: N/A
• Average Volume (3M): 13.33M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.07
• Revenue Growth: 59.09%
• EPS Growth: -551.15%
• Country: US
• Employees: 1,260
• Sector: Energy
• Sector Strength: 44
• Industry: Uranium
• EPS (TTM): -0.13
• Shares Outstanding: 216,669,370
• 10 Day Avg. Volume: 18,107,697
• 30 Day Avg. Volume: 13,331,698
• PEG Ratio: 0.38
• Price to Book (P/B): 2.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.15
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 6.94
• Enterprise Value/Gross Profit: 315.84
• Enterprise Value/Ebitda: -11.11
• 1Y Price Target: $8.85
• Price Target Upside: -5.45% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: $10.00 ▲(6.84%Upside)

The overall score is driven by strong technical momentum and positive earnings call developments, although financial performance and valuation concerns, particularly the ongoing losses and negative P/E ratio, remain significant hurdles. The company's strategic advancements in production and rare earth capabilities provide potential upside.

Positive Factors

Project Performance

The Pinyon Plain mine has produced better than anticipated, with uranium mining rates exceeding expectations mainly due to higher than anticipated grades.

Regulatory Approval

The price target for UUUU has been increased from $5.75 to $6.00 due to the outperformance of the Pinyon Plain mine and a higher valuation of the Donald project following recent regulatory approval.

Revenue Growth

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

Negative Factors

Potential Equity Dilution

There is potential for equity dilution as the company looks to fund its Astron investment and expand its rare earth processing capabilities at the White Mesa mill.

Stock Downgrade

The recommendation for shares of UUUU has been downgraded from Buy to Neutral as they are believed to be fairly valued.

Uranium Market Risks

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 shows significant revenue growth but remains unprofitable with negative cash flows. While the balance sheet is strong with low leverage, operational inefficiencies and persistent losses are 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
EBITDA	-34.05M	-28.42M	-52.94M	-30.95M	-20.02M
Net Income	-47.77M	99.86M	-89.33M	-763.00K	-29.12M
Balance Sheet
Total Assets	611.97M	401.94M	273.95M	315.45M	183.24M
Cash, Cash Equivalents and Short-Term Investments	119.46M	190.49M	75.01M	113.01M	22.41M
Total Debt	2.18M	1.32M	1.38M	469.00K	758.00K
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: 9.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For UUUU, the sentiment is Positive. The current price of 9.36 is above the 20-day moving average (MA) of 6.49, above the 50-day MA of 5.65, and above the 200-day MA of 5.38, indicating a bullish trend. The MACD of 0.84 indicates Negative momentum. The RSI at 82.83 is Negative, neither overbought nor oversold. The STOCH value of 96.26 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UUUU.

Energy Fuels Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LEU	73 Outperform	$4.25B	39.10	85.99%	―	58.72%	38.27%
UUUU	68 Neutral	$2.03B	―	-16.11%	―	59.09%	-551.15%
MRC	67 Neutral	$1.20B	41.18	8.29%	―	-9.84%	-111.71%
UEC	61 Neutral	$3.57B	―	-9.06%	―	70.62%	-447.72%
CLNE	60 Neutral	$448.59M	―	-30.25%	―	6.50%	-151.25%
URG	57 Neutral	$492.51M	―	-45.54%	―	200.09%	26.67%
Sector *	44 Neutral	AU$1.42B	-6.68	-23.02%	6.21%	5.33%	-26.92%

Energy Fuels Corporate Events

Energy Fuels Enters New Equity Offering Agreement

On June 13, 2025, Energy Fuels Inc. entered into a new Controlled Equity Offering Agreement with several agents, allowing the company to sell common shares at its discretion through an ‘at the market’ program. This move follows the termination of a previous sales agreement from 2024, enabling the company to potentially raise up to $300 million, which could impact its market positioning and provide flexibility in capital management.

The most recent analyst rating on (UUUU) stock is a Buy with a $5.75 price target. To see the full list of analyst forecasts on Energy Fuels stock, see the UUUU Stock Forecast page.

Energy Fuels Releases New Bullfrog Project Report

Energy Fuels Inc. released a new Technical Report for its Bullfrog Project in Garfield County, Utah, on June 3, 2025. This report includes updated mineral resource estimates and an economic analysis, replacing previous assessments that lacked economic evaluations. The report reveals that the Bullfrog Project’s economic viability is still uncertain due to the speculative nature of Inferred Mineral Resources. The analysis suggests a 12-year mine life with a 12.4% internal rate of return based on Indicated Mineral Resources, while a separate analysis including Inferred Resources projects a 14% IRR over 15 years. The project’s success depends on securing necessary permits and approvals from various federal, state, and local agencies.

The most recent analyst rating on (UUUU) stock is a Buy with a $10.75 price target. To see the full list of analyst forecasts on Energy Fuels stock, see the UUUU Stock Forecast page.

Energy Fuels Reports Record Uranium Mining Rates

On May 1, 2025, Energy Fuels Inc. announced that its Pinyon Plain mine in Arizona achieved record uranium mining rates in April 2025, with 4,604 tons of ore mined containing approximately 151,400 pounds of uranium. The ongoing underground drill program identified significant uranium mineralization, suggesting higher potential uranium yields than previously estimated. The company also reported promising results from its Juniper Zone drilling program, indicating the potential for increased mineable uranium resources, which could enhance the company’s operational capacity and market position.

Energy Fuels Appoints Nathan Bennett as CFO

Nathan Bennett has been appointed as the Chief Financial Officer of Energy Fuels, effective April 21, 2025. Bennett, who has been with the company since August 2022, previously served as the Chief Accounting Officer and Interim CFO. His extensive experience in the energy sector, including roles at Antero Midstream Corporation and PricewaterhouseCoopers, LLP, positions him well for his new role. There are no existing family relationships or material transactions between Bennett and the company that require disclosure.