Energy Fuels (UUUU) Goes From Zero Uranium Revenue to $35.7 Million

Management explained that the gross surge came connected the backmost of a displacement successful what the institution sold, that is, successful Q1 2025, Energy Fuels had nary uranium gross astatine all, its income came from dense mineral sands operations, but successful Q1 2026, uranium ore income dominated. The institution delivered 510,000 pounds of triuranium octoxide, oregon U₃O₈, to customers astatine a weighted mean terms of $70.04 per pound. Of those deliveries, 410,000 pounds went to semipermanent declaration customers astatine $63.74 per pound, portion 100,000 pounds were sold connected the spot marketplace astatine a higher $95.88 per pound.

Energy Fuels’ quarterly EPS was a nett nonaccomplishment of $0.04. This show undershot the $0.02-$0.03 per stock range, successful which analysts expected the EPS to fall. Be that arsenic it may, the nonaccomplishment was a important betterment from the $0.13 per stock nonaccomplishment successful Q1 2025. This twelvemonth implicit twelvemonth betterment reflects higher uranium revenues and a turnaround successful operating currency flows, absorption noted.

Management reaffirmed its full-year 2026 guidance, which means they expect to excavation a debased of 2 cardinal pounds and a precocious of 2.5 cardinal pounds of U₃O₈. They besides expected to nutrient betwixt 1.5 to 2.5 cardinal pounds and merchantability betwixt 1.5 to 2.0 cardinal pounds depending connected spot marketplace conditions.

Energy Fuels Inc. (NYSEAMERICAN:UUUU) is simply a uranium mining institution engaged successful the extraction, recovery, and processing of uranium for usage successful atomic powerfulness generation. The institution operates cardinal uranium accumulation assets successful the United States, including the White Mesa Mill successful Utah, which is the lone accepted uranium mill operating successful the state and besides processes uranium-bearing materials from some home and planetary sources.

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