Energy Fuels Inc (UUUU) - NYSEMKT
  • Wed, Jun. 8, 5:58 PM
    • A uranium glut that has caused futures prices to drop 18% YTD - the worst performer among all the world's commodities - is set to turn into a shortage as miners cut output and nuclear reactor construction climbs, Uranium Energy (NYSEMKT:UEC) CEO Amir Adnani tells Bloomberg.
    • Oversupply from mines in Kazakhstan, Canada and Australia has sent prices plunging even as iron ore and oil rally, but as supply diminishes and demand improves, stockpiles will be eroded and the slump will reverse, the CEO says.
    • Prices are not factoring in the pace at which inventories will disappear in coming years, according to Morningstar's David Wang, who expects uranium to more than double to about $65/lb. by 2019 from $28.25 now.
    • Relevant tickers include: CCJ, URG, URZ, UUUU, URRE, URA.
    | Wed, Jun. 8, 5:58 PM | 46 Comments
  • Mon, May 16, 9:19 AM
    | Mon, May 16, 9:19 AM | 8 Comments
  • Fri, May 6, 8:24 AM
    • Energy Fuels (NYSEMKT:UUUU): Q1 EPS of -$0.19
    • Revenue of $18M (+136.8% Y/Y)
    • Press Release
    | Fri, May 6, 8:24 AM | 2 Comments
  • Tue, Mar. 15, 6:04 PM
    • Energy Fuels (NYSEMKT:UUUU): FY15 EPS of -$2.46
    • Revenue of $61.35M (+32.6% Y/Y)
    • Press Release
    | Tue, Mar. 15, 6:04 PM | 5 Comments
  • Wed, Mar. 9, 12:47 PM
    | Wed, Mar. 9, 12:47 PM | 3 Comments
  • Thu, Jan. 28, 4:43 PM
    • Uranium spot prices likely will remain under pressure for the rest of the decade because of high inventory levels, recycling of already-mined uranium and the slow restart of Japan's nuclear reactors, Fitch Ratings forecasts.
    • An extended period of oversupply has contributed to a major build-up in utilities' uranium stockpiles, with European utilities having enough fuel to last three years and Japanese utilities enough for 4-5 years, which will maintain pressure on prices as demand slowly recovers, Fitch says.
    • Relevant stocks: CCJ, DNN, LEU, URRE, UEC, URG, UUUU.
    • ETFs: URA, NLR
    | Thu, Jan. 28, 4:43 PM | 52 Comments
  • Dec. 21, 2015, 9:18 AM
    | Dec. 21, 2015, 9:18 AM | 1 Comment
  • Nov. 5, 2015, 11:22 PM
    • Energy Fuels (NYSEMKT:UUUU): Q3 EPS of -$0.05 beats by $0.02.
    • Revenue of $19.16M beats by $10.56M.
    | Nov. 5, 2015, 11:22 PM | 8 Comments
  • Aug. 10, 2015, 11:58 AM
    • Japan is rejoining the countries using atomic power after the Fukushima nuclear disaster more than four years ago, as Kyushu Electric Power says it will begin bringing online the No. 1 reactor at its Sendai facility on Aug. 11, start power generation as early as Aug. 14 and return it to normal operations next month.
    • The move is an important de-risking event for the uranium market, says BMO Capital analyst Edward Sterck: While "Japanese utilities are sitting on significant excess inventories, the fact that these will now start to be consumed [in Japan] should ease fears of sales from inventory,” and it shows there is a regulatory restart process in Japan that actually works, which clears the way for more.
    • Relevant stocks: CCJ +4.1%, DNN +5.1%, LEU -1.3%, URRE +5.7%, UEC -1.5%, URG -2.7%, UUUU +8%.
    • ETFs: URA, NLR
    | Aug. 10, 2015, 11:58 AM | 15 Comments
  • Jun. 24, 2015, 11:56 AM
    • Energy Fuels (UUUU -3%) saw its stock price target cut to $7.25 from $11 by Roth Capital while maintaining its Buy rating.
    • The firm thinks UUUU is better positioned to operate in the current low uranium price environment following the recent completion of the Uranerz acquisition, but is cutting its price target due to the combination of a lack of guidance and a continued poor uranium price environment.
    | Jun. 24, 2015, 11:56 AM | 7 Comments
  • Jun. 22, 2015, 5:55 PM
    • Uranium Energy (NYSEMKT:UEC) and Energy Fuels (NYSEMKT:UUUU) jumped a respective 13.1% and 9.9% in today's trade after the companies were added to the Russell 3000 and Russell Global indexes (I, II), effective after the close of trading on June 26.
    • The annual reconstitution of the Russell indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market cap; membership in the Russell 3000 remains in place for one year.
    | Jun. 22, 2015, 5:55 PM | 4 Comments
  • Jun. 19, 2015, 2:24 PM
    • Energy Fuels (UUUU +12.1%) posts strong gains after announcing the completion of its $100M purchase of Uranerz Energy (NYSEMKT:URZ), as shareholders at both uranium miners voted to approve the deal.
    • Former URZ shareholders now own ~55% of UUUU.
    • The Nuclear Regulatory Commission also signed off on the deal yesterday, the final hurdle for the transaction to move forward.
    | Jun. 19, 2015, 2:24 PM
  • May 11, 2015, 5:22 PM
    • Energy Fuels (NYSEMKT:UUUU): Q1 EPS of -$0.12
    • Revenue of $7.6M (-33.1% Y/Y)
    | May 11, 2015, 5:22 PM
  • Apr. 22, 2015, 12:30 PM
    • Uranium names are showing notable strength today following yesterday's ruling in Japan that will allow the Sendai nuclear plant to reopen, which would be the first plant to be reopened since the Fukushima disaster: CCJ +6.8%, DNN +5.6%, LEU +10.3%, URRE +4.5%, UEC +5%, URZ +2.6%, URG +1%, UUUU +1.7%.
    • The news is positive for the nuclear industry to the extent that authorities in Japan have not given up on the energy source despite Fukushima.
    • China is pushing for more nuclear power, with the government reportedly approving eight new nuclear power projects.
    • A MarketWatch article paints a bright picture of the nuclear industry, with uranium prices rising ~35% since last summer and improving public opinion; "China and India believe that the upside from the clean energy from nuclear far outweighs the downside risks of sticking to dirty coal,” says editorJeb Handwerger.
    • Last week, CCJ signed a deal with India to provide 7.1M lbs. of uranium concentrate over the next five years.
    • ETFs: URA, NLR
    | Apr. 22, 2015, 12:30 PM | 12 Comments
  • Apr. 8, 2015, 10:57 AM
    • Energy Fuels (UUUU -0.4%) says an Arizona court has denied a challenge by non-government organizations and a Native American tribe related to its Canyon uranium mine.
    • The company says the court's decision affirms its right to continue with mine development and uranium production at the Canyon mine in accordance with previously obtained rights and regulatory approvals.
    • To complete the mine, UUUU says it expects to sink an additional 1,200 ft. of shaft, install a ventilation shaft and complete underground development.
    | Apr. 8, 2015, 10:57 AM
  • Mar. 20, 2015, 5:33 PM
    • Energy Fuels (NYSEMKT:UUUU) says it expects life of mine capital costs at is Roca Honda project in New Mexico to fall ~$115M from its prior estimates, part of its updated mineral resource estimate and preliminary economic assessment of its three uranium projects.
    • UUUU says the new report reflects the economics of toll milling ore at its White Mesa Mill rather than at a new mill which had previously been planned to be constructed closer to the Roca Honda project site.
    • UUUU also says toll milling is preferable because it is expected to substantially reduce time and licensing risks connected with building a new mill.
    • Also: Energy Fuels report FY14 results
    | Mar. 20, 2015, 5:33 PM
Company Description
Energy Fuels, Inc. operates as mine development company. It engages in uranium and vanadium exploration. The company was founded by George E. L. Glasier on June 24, 1987 and is headquartered in Toronto, Canada.
Country: United States