Energy Fuels Inc. (TSE:EFR) Expected to Earn Q1 2024 Earnings of $0.04 Per Share

Energy Fuels Inc. (TSE:EFR - Free Report) NASDAQ: UUUU - Investment analysts at B. Riley issued their Q1 2024 earnings per share estimates for shares of Energy Fuels in a note issued to investors on Wednesday, April 17th. B. Riley analyst M. Key anticipates that the company will post earnings of $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.

Separately, Eight Capital lifted their price target on Energy Fuels from C$16.50 to C$17.50 and gave the stock a "buy" rating in a research report on Monday, January 15th.

Energy Fuels Stock Performance

EFR traded down C$0.81 on Monday, reaching C$7.25. 1,359,832 shares of the stock were exchanged, compared to its average volume of 384,948. The company's 50-day moving average price is C$8.45 and its 200 day moving average price is C$9.66. Energy Fuels has a fifty-two week low of C$6.77 and a fifty-two week high of C$12.17. The company has a debt-to-equity ratio of 0.35, a current ratio of 22.46 and a quick ratio of 19.23. The firm has a market capitalization of C$1.19 billion, a PE ratio of 8.63 and a beta of 1.54.

Energy Fuels (TSE:EFR - Get Free Report) NASDAQ: UUUU last issued its quarterly earnings results on Friday, February 23rd. The company reported C($0.18) EPS for the quarter, missing analysts' consensus estimates of C($0.04) by C($0.14). Energy Fuels had a return on equity of 31.99% and a net margin of 263.29%. The firm had revenue of C$0.63 million for the quarter, compared to analyst estimates 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.