#3 - Energy Fuels (NYSE:UUUU)
Energy Fuels Inc. (NYSEAMERICAN: UUUU) is one of the leading uranium producers in the United States in the last few years. In fact, the company has been responsible for about 2/3 of all U.S. uranium production since 2017. The company has approximately one dozen conventional and in-situ projects in Utah, Arizona, Wyoming, and Colorado.
UUUU stock is also a way for you to gain exposure to rare earth minerals in addition to vanadium and radium, which the company also mines.
In February 2024, Energy Fuels reported record net income and earnings per share. Additionally, the company closed the quarter and full year 2023 with over $220 million in working capital and no debt.
In the last 12 months, UUUU stock has hit a high of around $8.50. But in both cases, that has served as a point of resistance. One reason is that, while growing revenue, the company is still not profitable.
Nevertheless, analysts remain bullish on the stock with a consensus price target of $10.70, which is 62% higher than its current price.
About Energy Fuels
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.
Read More - Current Price
- $5.30
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 2 Buy Ratings, 2 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $8.50 (60.4% Upside)
