Wednesday, March 13, 2019

Energy Fuels (UUUU)

Focusing On Vanadium Until Uranium Markets Improve; Trump To The Rescue?

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.

Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.  

• Fourth quarter and full
  year 2018 results.  Energy Fuels reported a 
  fourth quarter
   loss of $7.8
  million, or ($0.09) per share, and a full year loss of $25.4 million, or
  ($0.30) per share.  We had forecast a loss of $25.6 million, or ($0.30)
  per share.
• Updating estimates.  Based on modestly lower commodity price assumptions
  for uranium concentrate and vanadium, we have lowered our 2019 and 2020 EPS
  estimates to $0.03 and $0.12, from $0.05 and $0.15, respectively.  We have
  also assumed a slower ramp-up in vanadium production during the first quarter
  of 2019 to 200,000 pounds per month beginning in the second quarter.  Our
  2019 and 2020 EB…
  

  
  
  
  
  

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*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.