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Energy Fuels Inc. (UUUU)
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Energy Fuels Inc together with its subsidiary is engaged in the extraction and recovery of uranium properties in the United States. The company operates in two segments, ISR Uranium and Conventional Uranium. It conducts its ISR activities through its Nichols Ranch Project, located in northeast Wyoming. It conducts its conventional uranium extraction and recovery activities through its White Mesa Mill. In addition, the group also owns uranium and uranium, vanadium properties and projects in various stages of exploration, permitting, and evaluation. Energy Fuels derives most of the income through the sale of Uranium.
Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Third quarter results in line with expectations. Energy Fuels reported a third quarter loss of $6.8 million, or ($0.07) per share compared to a loss of $13.8 million, or ($0.16) per share, during the prior year period. We had expected a loss of $6.4 million, or ($0.07) per share.
- Updating estimates. We are increased our 2019 loss estimate to ($0.36) per share from ($0.34) per share based on lower revenue anticipated in the fourth quarter. Due to low commodity prices, we expect the...
This research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.