Energy Fuels Inc.

Energy Fuels Inc. is the largest conventional producer of uranium in the United States. The company owns the only conventional uranium mill in the U.S., the White Mesa mill in Utah. Energy Fuels also owns several producing and near-producing mines in Utah, Arizona and Colorado. It also owns the Sheep Mountain project, a large advanced-stage uranium development project in Wyoming. The company acquired Titan Uranium in February 2012 and the U.S. mining division of Denison Mines in June 2012, making 2012 a transformational year and positioning Energy Fuels as the leading conventional producer of uranium in the U.S., and a major producer of vanadium.

Expert Comments:

Joe Reagor, ROTH Capital Partners (8/19/15)
"We continue to believe that Energy Fuels Inc. is poised to benefit from an improved production mix following its acquisition of Uranerz Corp. and that the company is well positioned to grow production in the event of a uranium price environment."

Ubika Research (8/17/15)
"Energy Fuels Inc. is one of only two companies in the Ubika Mining 20 Index to register a gain this month, following positive Q2/15 results as well as positive project updates on its Roca Honda uranium project in New Mexico. The Roca Honda project is one of the largest and highest-grade uranium projects in the U.S. . .the company also completed the acquisition of key mineral properties adjacent to its Roca Honda project."

David Talbot, Dundee Capital Markets (8/10/15)
"Energy Fuels Inc.'s Q2/15 financial results were released after close on August 7. . .although the Uranerz Energy acquisition dominated investors' attention, generally things went fairly well across the board during Q2/15. . .the company has the hallmarks of a globally competitive, intermediate uranium producer. It has multiple operations in several politically stable jurisdictions across the U.S., operates both conventional and in-situ recovery uranium mines, has a very strong project pipeline, and can take advantage of 1.66 Mlb worth of higher-priced contracts between now and year-end 2017. . .we believe now is the time to buy Energy Fuels' stock."

Rob Chang, Cantor Fitzgerald (8/10/15)
"Energy Fuels Inc. announced Q2/15 financials for the quarter ended on June 30 2015. Highlights include revenues of $23.7M and a net loss of $2.31M (-$0.10 fully diluted EPS), which beat our estimates of $20.0M and a net loss $2.49M (-$0.13M fully diluted EPS). . .together with the recently acquired Nichols Ranch project and other pipeline projects that have been advancing, Energy Fuels maintains the operational flexibility and diversified production base (conventional, ISR and, alternate feed) to ramp up production should prices increase. In the interim, solid contracting at advantageous pricing well above spot will remain in the near term."

Heiko Ihle, Rodman & Renshaw (8/10/15)
"On August 7 Energy Fuels Inc. announced Q2/15 financial results. . .long-term contracts allowed the firm to realize uranium prices well above the current spot price. . .we are maintaining our Buy rating on the company's stock while increasing our price target to $6.90 from $6.30. . .primarily based on the strong working capital position. . .in addition to the fact that the Pinenut mine has yet to be mined out. . .we continue to believe Energy Fuels remains a well-positioned player to take advantage of any increase in spot prices through the combination of increased production rates and sales of inventory."

Colin Healey, Haywood Securities (8/10/15)
"Energy Fuels Inc. reports Q2/15 results and updated guidance. . .impact is positive on Q2/15 adjusted net income of approximately $4.0M, or approximately $0.18 per share, on $23.7M revenue from the sale of 416,667 lb U3O8 at an average price of $56.74. . .the company continues with its defensive strategy of selling only into its favorably priced contract book in FY/15 (and beyond), which is well demonstrated by this quarter's result. . .Energy Fuels is well positioned to take advantage of a rising uranium price environment in the future via its suite of near-production-ready uranium assets."

More Expert Comments

Experts Commenting on This Company

Rob Chang, Senior Analyst and Head of Metals & Mining – Cantor Fitzgerald
Jeb Handwerger, Author Gold Stock Trades
Colin Healey, Analyst – Haywood Securities
Heiko Ihle, Managing Director – H.C. Wainwright & Co., Rodman & Renshaw
Joe Reagor, Analyst – ROTH Capital Partners
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets
Jeff Wright – Wolfpack Capital

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
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