UUUU - Energy Fuels Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
1.9800
-0.0700 (-3.41%)
At close: 3:59PM EDT
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Previous Close2.0500
Open2.0300
Bid1.9100 x 2900
Ask2.0100 x 3200
Day's Range1.9800 - 2.0600
52 Week Range1.5000 - 4.0900
Volume620,090
Avg. Volume1,479,820
Market Cap191.243M
Beta (3Y Monthly)0.83
PE Ratio (TTM)N/A
EPS (TTM)-0.4700
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.50
Trade prices are not sourced from all markets
  • Nuclear industry urges Trump to revive uranium mining with Cold War-era rule
    Reuters

    Nuclear industry urges Trump to revive uranium mining with Cold War-era rule

    The U.S. nuclear energy industry has called for the Trump administration to revive domestic uranium mining and enrichment by unlocking funds through a Cold War-era program, in a letter sent to a Cabinet-level working group. The Aug. 18 letter from the Nuclear Energy Institute, or NEI, to national security adviser John Bolton and White House economic adviser Larry Kudlow, urges the Trump administration to authorize funds through the 1950 Defense Production Act to procure domestic fuel for defence requirements and boost federal reserves of uranium for nuclear power utilities.

  • Bloomberg

    White House Considering Direct Purchases of U.S. Mined Uranium

    (Bloomberg) -- The White House is considering a plan that would have the government directly purchase uranium from U.S. producers as it contemplates ways to revive the flagging domestic mining industry.A group set up by President Donald Trump to study the issue is considering a request by the nuclear industry to use the Defense Production Act, a 68-year-old Cold War-era statute once invoked by President Harry Truman to help the steel industry. The plan calls for requiring the government to buy American uranium to replenish their stockpiles and for other purposes, Paul Goranson, chief operating officer for Energy Fuels Inc., said in an interview.Energy Fuels and Ur-Energy Inc. unsuccessfully petitioned the White House to put quotas on foreign imports of uranium. The concept of direct government purchases of U.S. uranium was among ideas discussed during a roundtable with administration staff and the nuclear industry at the Old Executive Office Building earlier this week, Goranson said.“They seem receptive to direct purchasing of material,” Goranson said. “The president intends to take bold action on this. It’s got his attention now.”The White House didn’t immediately respond to a request for comment.Share RiseShares in U.S. uranium producers rose on the report. Energy Fuels jumped as much as 11% while Ur-Energy climbed as much as 10%. Cameco Corp. increased about 2%.Trump in July rejected the Commerce Department’s recommendation that he impose quotas on uranium imports using a trade law tied to national security concerns that he invoked to impose tariffs on steel, solar panels and hundreds of billions of dollars of Chinese goods. Instead, Trump said a fuller analysis was needed and he directed his administration to identify other options. He created a nuclear fuel working group comprised of six cabinet secretaries and several other top White House officials.The Uranium Producers of America, which represents miners including Cameco, is requesting “federal actions facilitating domestic uranium production” of at least 7.5 million pounds per year by 2025 and 10 million pounds per year by 2030, according to a letter the Santa Fe, New Mexico, trade group sent to the working group last month. That includes millions of pounds via contracts with the Department of Defense, requirements that government-owned utilities buy domestic uranium, and the creation of a new “Federal Uranium Security Stockpile.”“We may not be able to continue any operations without immediate relief from the impact of state-backed entities, which have distorted global prices and made it more difficult for free market mines in the U.S. to compete,” the group wrote in the letter, which included a request to direct payments to domestic uranium companies.In a separate letter, the Nuclear Energy Institute, which represents nuclear reactor operators, also recommended the working group use the Defense Production Act to “accelerate the procurement” of domestic uranium as well as “incentivize” the annual purchase of domestic uranium through a tax credit for nuclear utilities.In addition, the trade group urged expanding an Energy Department loan program to include domestic uranium projects and to ”modernize the Nuclear Regulatory Commission’s regulatory regime to be more safety focused, risk-informed, timely, consistent, cost-contained, and transparent.”(Updates with more details starting in seventh paragraph.)To contact the reporter on this story: Ari Natter in Washington at anatter5@bloomberg.netTo contact the editors responsible for this story: Jon Morgan at jmorgan97@bloomberg.net, Elizabeth Wasserman, Steve GeimannFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • PR Newswire

    Energy Fuels Announces Q2-2019 Results

    TSX: EFR) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended June 30, 2019. The Company's quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission ("SEC") and may be viewed on the Electronic Document Gathering and Retrieval System ("EDGAR") at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, and on the Company's website at www.energyfuels.com. At June 30, 2019, the Company had $42.6 million of working capital, including $16.6 million in cash, $11.4 million in marketable securities, 485,000 pounds of finished uranium goods inventory, and 610,000 pounds of finished vanadium goods inventory.

  • Earnings Preview: Energy Fuels (UUUU) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: Energy Fuels (UUUU) Q2 Earnings Expected to Decline

    Energy Fuels (UUUU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Benzinga

    Ur-Energy, Energy Fuels Respond To Trump's Uranium Sourcing Memo

    Secretary of Commerce Wilbur Ross found that uranium is being imported in quantities and circumstances that threaten to impair the country's national security. Trump said in the memo that he does not agree with Ross' finding that uranium imports threaten national security as defined under Section 232. The White House memo calls for the establishment of the United States Nuclear Fuel Working Group to address Ross' concerns over domestic uranium production and to develop recommendations for the revival and expansion of domestic nuclear fuel production.

  • PR Newswire

    Energy Fuels Commends President Trump on his Decision to Reinvigorate the Nuclear Fuel Supply Chain and Looks Forward to Working with the Trump Administration to Support the U.S. Uranium Mining Industry; First Land Cleanup Contract Signed

    TSX: EFR) ("Energy Fuels" or the "Company"), the largest uranium producer in the U.S., is pleased to announce that our petition, filed jointly with Ur-Energy Inc. under Section 232 of the Trade Expansion Act of 1962, has been very successful. It has demonstrated the national security risks to the U.S. from increasingly relying on imported uranium, particularly from countries that are strategic competitors, and that action needs to be taken.

  • President Trump Announces that the Significant Challenges Facing U.S. Uranium Mining Are a National Security Issue
    CNW Group

    President Trump Announces that the Significant Challenges Facing U.S. Uranium Mining Are a National Security Issue

    TSX: EFR) ("Energy Fuels") are advised that on July 12, 2019 , President Trump announced that the U.S. Department of Commerce (DOC) found that imports of uranium are a threat to U.S. national security. President Trump established the U.S. Nuclear Fuel Working Group to further study U.S. nuclear fuel production, including uranium mining, as the next phase of this investigation.

  • Why Uranium Energy, Ur-Energy, and Energy Fuels Stocks Just Melted Down
    Motley Fool

    Why Uranium Energy, Ur-Energy, and Energy Fuels Stocks Just Melted Down

    These three companies are suddenly radioactive on news their quota requests have been rejected.

  • There Has Been No Announced Decision with Respect to the Uranium Section 232 Trade Action
    PR Newswire

    There Has Been No Announced Decision with Respect to the Uranium Section 232 Trade Action

    TSX: EFR) ("Energy Fuels") confirm that they are unaware of any decision by the White House with respect to the U.S. Department of Commerce ("DOC") investigation into the effects of uranium imports on U.S. national security.

  • Reuters

    U.S. uranium miners say ready to ramp up if Trump approves quotas

    Two leading U.S. uranium mining companies say they are prepared to quickly ramp up production if President Donald Trump approves their request for curbs on imports this week. Trump is expected to decide as soon as Friday on the petitions from Colorado-based Energy Fuels Inc and Wyoming-based Ur-Energy Inc - which seek quotas requiring 25% of the U.S. uranium market be sourced domestically - after reviewing recommendations from the Commerce Department in April. The United States sourced just 7% of its uranium domestically in 2017, with most of the rest coming from Canada, Australia and Russia, according to the Energy Information Administration.

  • Implied Volatility Surging for Energy Fuels (UUUU) Stock Options
    Zacks

    Implied Volatility Surging for Energy Fuels (UUUU) Stock Options

    Energy Fuels (UUUU) needs investors to pay close attention to the stock based on moves in the options market lately.

  • PR Newswire

    Energy Fuels Announces Election of Directors and Results of Shareholder Meeting

    LAKEWOOD, CO , May 29, 2019 /PRNewswire/ - Energy Fuels Inc. (NYSE American: UUUU; TSX: EFR) ("Energy Fuels" or the "Company") , a leading uranium and vanadium producer in the U.S., announces ...

  • Moving Average Crossover Alert: Energy Fuels
    Zacks

    Moving Average Crossover Alert: Energy Fuels

    Energy Fuels Inc. (UUUU) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • PR Newswire

    Energy Fuels Announces Q1-2019 Results

    TSX: EFR) ("Energy Fuels" or the "Company") today reported its financial results for the quarter ended March 31, 2019. The Company's quarterly report on Form 10-Q has been filed with the U.S. Securities and Exchange Commission ("SEC") and may be viewed on the Electronic Document Gathering and Retrieval System ("EDGAR") at www.sec.gov/edgar.shtml, on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com, and on the Company's website at www.energyfuels.com. At March 31, 2019, the Company had $47.3 million of working capital, including $15.3 million in cash, $17.5 million in marketable securities, 470,000 pounds of finished uranium goods inventory, and 270,000 pounds of finished vanadium goods inventory.

  • Energy Fuels (UUUU) May Report Negative Earnings: Know the Trend Ahead of Q1 Release
    Zacks

    Energy Fuels (UUUU) May Report Negative Earnings: Know the Trend Ahead of Q1 Release

    Energy Fuels (UUUU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • CNW Group

    Department of Commerce Submits Uranium Section 232 Report to President Trump

    TSX: EFR) ("Energy Fuels") are pleased that on April 14, 2019 the U.S. Department of Commerce ("DOC") submitted a report to the White House on DOC's investigation into the effects of uranium imports on U.S. national security. Uranium imports, increasingly from state-owned enterprises in adversarial countries like Russia and its allies, created a stark national security crisis. The once robust American uranium mining industry is disappearing because a flood of state-subsidized imports has made fair competition impossible.

  • Reuters

    U.S. agency submits uranium import probe to White House

    The U.S. Commerce Department told Reuters Monday it has submitted the results of a national security investigation into uranium imports to the White House. The "Section 232" probe was prompted ...