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

Energy Fuels Inc. (TSE:EFR) (NASDAQ:UUUU) – Equities research analysts 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 expects 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.

Separately, Eight Capital upped their price target on shares of 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 Down 1.1 %

EFR opened at C$7.17 on Monday. The firm’s 50-day simple moving average is C$8.41 and its 200-day simple moving average is C$9.64. The company has a debt-to-equity ratio of 0.35, a quick ratio of 19.23 and a current ratio of 22.46. Energy Fuels has a twelve month low of C$6.77 and a twelve month high of C$12.17. The firm has a market cap of C$1.17 billion, a price-to-earnings ratio of 8.54 and a beta of 1.54.

Energy Fuels (TSE:EFR) (NASDAQ:UUUU) last posted its earnings results on Friday, February 23rd. The company reported C($0.18) earnings per share for the quarter, missing the consensus estimate 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 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.