B. Riley Analysts Boost Earnings Estimates for Energy Fuels Inc. (TSE:EFR)

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) – Stock analysts at B. Riley upped their Q3 2024 earnings estimates for Energy Fuels in a research note issued on Tuesday, May 7th. B. Riley analyst M. Key now expects that the company will post earnings per share of ($0.05) for the quarter, up from their prior forecast of ($0.06). The consensus estimate for Energy Fuels’ current full-year earnings is $0.19 per share. B. Riley also issued estimates for Energy Fuels’ Q4 2024 earnings at ($0.05) EPS.

Separately, Eight Capital lifted their price target on shares of Energy Fuels from C$16.50 to C$17.50 and gave the company a “buy” rating in a research note on Monday, January 15th.

Energy Fuels Trading Up 5.1 %

TSE:EFR opened at C$8.44 on Friday. The business’s 50-day simple moving average is C$8.18 and its 200-day simple moving average is C$9.42. Energy Fuels has a fifty-two week low of C$7.10 and a fifty-two week high of C$12.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 22.46 and a quick ratio of 19.23. The stock has a market capitalization of C$1.38 billion, a PE ratio of 10.05 and a beta of 1.54.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Friday, February 23rd. The company reported C($0.18) earnings per share for the quarter, missing the consensus estimate of C($0.04) by C($0.14). The business had revenue of C$0.63 million for the quarter, compared to the consensus estimate of C$8.87 million. Energy Fuels had a return on equity of 31.99% and a net margin of 263.29%.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.