Roth Capital Analysts Boost Earnings Estimates for Energy Fuels Inc. (TSE:EFR)

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) – Stock analysts at Roth Capital upped their Q3 2024 earnings estimates for shares of Energy Fuels in a research report issued to clients and investors on Monday, April 22nd. Roth Capital analyst J. Reagor now anticipates that the company will earn ($0.05) per share for the quarter, up from their previous estimate of ($0.07). The consensus estimate for Energy Fuels’ current full-year earnings is $0.19 per share. Roth Capital also issued estimates for Energy Fuels’ Q4 2024 earnings at ($0.04) EPS, FY2024 earnings at ($0.18) EPS and FY2025 earnings at $0.10 EPS.

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

Energy Fuels Price Performance

Shares of Energy Fuels stock opened at C$7.34 on Wednesday. The company has a debt-to-equity ratio of 0.35, a current ratio of 22.46 and a quick ratio of 19.23. Energy Fuels has a fifty-two week low of C$6.92 and a fifty-two week high of C$12.17. The firm has a fifty day moving average price of C$8.38 and a two-hundred day moving average price of C$9.62. The company has a market cap of C$1.20 billion, a PE ratio of 8.74 and a beta of 1.54.

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

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.