B. Riley Weighs in on Energy Fuels Inc.’s Q1 2024 Earnings (TSE:EFR)

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) – Equities researchers at B. Riley issued their Q1 2024 EPS estimates for shares of Energy Fuels in a research note issued on Wednesday, April 17th. B. Riley analyst M. Key forecasts that the company will earn $0.04 per share for the quarter. The consensus estimate for Energy Fuels’ current full-year earnings is $0.19 per share. B. Riley also issued estimates for Energy Fuels’ Q2 2024 earnings at ($0.07) EPS, Q3 2024 earnings at ($0.06) EPS, Q4 2024 earnings at ($0.06) EPS, FY2024 earnings at ($0.15) EPS, FY2025 earnings at $0.35 EPS, FY2026 earnings at $0.48 EPS, FY2027 earnings at $0.77 EPS and FY2028 earnings at $1.92 EPS.

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

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

Energy Fuels Stock Performance

Shares of EFR opened at C$7.17 on Monday. The firm has a 50-day moving average price of C$8.41 and a 200 day moving average price of C$9.64. The firm has a market capitalization of C$1.17 billion, a PE ratio of 8.54 and a beta of 1.54. The company has a quick ratio of 19.23, a current ratio of 22.46 and a debt-to-equity ratio of 0.35. Energy Fuels has a 52-week low of C$6.77 and a 52-week high of C$12.17.

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.