Energy Fuels - Rating Upgraded and New Price Target Established

We are upgrading our rating on the shares of Energy Fuels to Outperform and establishing a $9 price target. The upgrade reflects an increased recognition of the value of Energy Fuel's Rate Earth Element (REE) strategy as well as a belief that the company is well positioned to take advantage of an expected increase in uranium prices. The success of Energy Fuels and its stock price is largely tied to the success of the domestic uranium industry. If uranium prices return to historical levels above $50 per pound, all domestic uranium companies including Energy Fuels will do well. We believe such a move will occur in the next few years in response to rising demand and decreasing international supply of uranium. We believe Energy Fuels has a first mover advantage compared to other domestic uranium producers because of its unlevered balance sheet, experienced management team, and control of licensed processing facilities. Energy Fuels is licensed to produce 11 million pounds of uranium, which would represent more uranium than has been produced in the United States in any given year. At the same time, the company has begun to process Rare Earth Elements (REE) concentrate from monazite sand at its White Mesa plant. Although difficult to quantify financially, we believe the processing of REE will provide significant cash flow to the company. Management has indicated its intent to process 15,000 tonnes of sand per year, which would represent approximately half of the national demand but less than 2% of the capacity of the White Mesa plant. Management has also indicated its intent to move to separate REE concentrate into individual elements. Our price target is based on a discounted cash flow analysis that places a value of $5 per share for uranium operations, $3 per share for REE processing operations and $1 for the Vanadium and net cash and inventory positions. Projected cash flows including reclamation costs are discounted back at a weighted average cost of capital of 8% and then divided by current diluted outstanding common shares. The assumptions behind our forecasts and valuation estimate can be found at the end of the report. Read More >>

News Provided by Channelchek via QuoteMedia

The Conversation (0)
Terra Clean Energy President and CEO Greg Cameron.

Terra Clean Energy Ramps Up Summer Drilling Plans, Eyes Resource Update

Terra Clean Energy (CSE:TCEC,OTCQB:TCEFF,FWB:C9O0) President and CEO Greg Cameron outlines the company's upcoming summer drill program at the South Falcon East uranium project, building on strong results from a winter campaign at the Fraser Lakes B deposit.

“The plan is to get up to 2,500 meters back into this new area of interest. Hopefully drill into what we're defining as an unconformity basement-hosted uranium deposit with significantly higher grade than we currently have,” he said.

“We would have the ability to update that resource report in some fashion, maybe early 2026 or mid-2026, so those are the two key catalysts. But it's all about drilling and adding pounds to the current resource and, more importantly, significantly enhancing that grade which we think we have," Cameron added.

Keep reading...Show less
Placement Shares Issued & Drilling Approval Expected August

Placement Shares Issued & Drilling Approval Expected August

GTI Energy (GTR:AU) has announced Placement Shares Issued & Drilling Approval Expected August

Download the PDF here.

Yellow uranium rock on dark stones with ASX logo in the corner.

Top 3 ASX Uranium Stocks of 2025

Uranium broke out in 2024, with the spot price rising to a 17 year high of US$106 per pound early in the year. Despite a pullback to about US$78, uranium is still more than 40 percent higher than it was two years ago.

Although the market is dealing with ample supply and uncertain demand in 2025, experts are predicting a bright future as countries around the world pursue energy security goals.

Against that backdrop, ASX-listed uranium companies have been making moves in 2025.

Keep reading...Show less
North Shore Uranium (TSXV:NSU)

North Shore Uranium Engages Investing News Network

North Shore Uranium Ltd. (TSX-V:NSU) ("North Shore" or the "Company") is pleased to announce that it has entered into an advertising and investor awareness campaign agreement (the "INN Agreement") with Dig Media Inc. dba Investing News Network ("INN").

INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007 at www.investingnews.com. On July 4, 2025, the Company entered into the INN Agreement. The INN Agreement will be for a three-month term, with three equal payments of $2,750 that will be paid at the beginning of each month, totaling $8,250 (GST excluded). The INN Agreement will not automatically renew. INN will provide advertising to increase awareness of the Company with the first campaign commenced on July 4, 2025. INN does not provide Investor Relations or Market Making services. INN currently holds no common shares in the Company. INN and the Company are unrelated and unaffiliated entities.

Keep reading...Show less

Latest Press Releases

Related News

×