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:

David Talbot, Dundee Capital Markets (11/9/15)
"Energy Fuels Inc.'s Q3/15 financial and operating results. . .demonstrated now a fourth consecutive quarter of improved earnings. The company continues to conserve cash, meet milestones, and advance projects without severely impacting its balance sheet. We believe Energy Fuels is successfully positioning itself to benefit from a rebound in uranium prices by delivering into long-term contracts, expanding production (Nichols), enhancing assets (Nichols, Roca Honda), advancing permitting (Sheep Mountain, Hank, Jane Dough), trimming capital outlay (Canyon development market dependent) and managing its balance sheet."

Heiko Ihle, Rodman & Renshaw (11/9/15)
"On Nov. 5, Energy Fuels Inc. announced Q3/15 results. . .a strong gross profit of $7.2M for a 38% margin. Moreover, the company exited the quarter with a healthy cash balance of $17.7M. . .we continue to view Energy Fuels as a unique U.S. uranium producer as the integration of Uranerz now provides it with significant in-situ recovery assets. We feel Energy Fuels remains a well-positioned player in the uranium market through operational flexibility with current operations as well as a strong pipeline of portfolio assets that could be brought online in a short period of time should market conditions warrant."

Joe Reagor, ROTH Capital Partners (10/1/15)
"On Sept. 29, 2015, Energy Fuels Inc. announced it would invest $3.9M in upgrades, repay CA$2.2M in debt and had entered into an at-the-market controlled equity offering for $15.6M. . .we believe the company is focused on the future and is making the necessary investments to improve future profitability, and as such we are maintaining our Buy rating."

David Talbot, Dundee Capital Markets (9/30/15)
"Energy Fuels Inc.'s three announcements could help operations and provide options to financially derisk the company: 1) complete the back end of the Nichols in situ recovery plant, 2) a normal course issuer bid to repurchase up to 10% of its CA$22M convertible debenture and 3) potentially raise US$15.64M in equity. . .Energy Fuels continues to lay the groundwork to become the No. 1 uranium producer in the U.S."

Colin Healey, Haywood Securities (9/30/15)
"Energy Fuels Inc. has a strong balance sheet and a cash flow-neutral plan to carry the company out to 2016E. . .the completion of the Nichols Ranch in situ recovery facility back end makes sense and is not overly expensive. . .we maintain our Buy rating."

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."

More Expert Comments

Experts Following 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.