| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 8 | — | 17.8x | Bottom tier | |
Growth | 94 | 62.5% | 7.1% | Top tier | |
Quality | 30 | -9.1% | 4.5% | Bottom tier | |
Safety | 43 | — | 2.6x | Around median | |
Capital Return | 11 | — | 2.12% | Bottom tier | |
Momentum | 26 | 11.6% | 2.9% | Bottom tier | |
Sentiment | 89 | 2 | 3 | Top tier |
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Energy Fuels Inc. (UUUU) operates through an interconnected chain encompassing uranium production, rare earth element processing, and the development of heavy mineral sands projects. White Mesa Mill in Utah is the hub of this system; it is the only facility in the United States capable of commercially processing monazite, and the company uses its expertise in handling radioactive ores to extract uranium and produce rare earth element oxides. The Varamata projects in Madagascar, Bahia in Brazil, and Donald in Australia are intended to supply monazite, while the acquisition of Australian Strategic Materials, completed on August 28, 2026, added metals and alloys production capabilities and an operating facility in Korea to the mine-to-alloy chain.
In Q1 of fiscal year 2026, the company generated revenue of $35.8 million and gross profit of $14.4 million, equivalent to a gross margin of approximately 40.2%, but recorded a net loss of $10.8 million and a loss per share of $0.04. The loss improved compared with a net loss of $20.8 million in Q4 of fiscal year 2025, while the quarter's revenue alone exceeded half of fiscal year 2025 revenue of $65.9 million. On a trailing-twelve-month basis in fiscal year 2026, revenue reached $84.9 million and gross profit was $29.3 million, compared with a net loss of $70.2 million.
Uranium led operating performance in Q1 of fiscal year 2026; the company mined 425 thousand pounds, White Mesa Mill processed approximately 800 thousand pounds, and the period ended with inventory of about 2.25 million pounds. The company sold 100 thousand pounds on the spot market at an average of $95.88 per pound and 110 thousand pounds through long-term utility contracts at just under $64 per pound, while management stated that total sales reached 510 thousand pounds during the quarter. In parallel, the company produced terbium on a pilot basis at a rate of approximately one kilogram per week and continued the Phase 1B and Phase 1C expansions with the aim of adding heavy elements and processing uranium and rare earth elements simultaneously.
Automated analysis for informational purposes only — not investment advice.
The analyst consensus is "Buy," with an average price target of $21 and a wide range between $16 and $29; the average is below the top of the 52-week range of $27.90, while the highest target is slightly above that peak. No positive price-to-earnings multiple is available because the trailing-twelve-month net loss in fiscal year 2026 was $70.2 million, so the valuation is largely based on executing the White Mesa expansions and rare earth element projects and shifting the uranium business toward profitability, with the wide target range remaining evidence of high uncertainty.
Figures in the text are as of 2026-08-31; the live price is shown at the top of the page.
The company combines spot uranium sales with long-term contracts and is building an integrated rare earth element and heavy mineral sands chain. In Q1 of fiscal year 2026, it sold 100 thousand pounds of uranium on the spot market at an average of $95.88 per pound and 110 thousand pounds under long-term contracts at just under $64 per pound. Total revenue for the period was $35.8 million and gross profit was $14.4 million, while the Varamata, Donald, and Bahia projects are intended to supply monazite to the White Mesa facility.
White Mesa Mill is the company's uranium and rare earth element processing hub and is the only facility in the United States capable of commercially processing monazite. The facility processed approximately 800 thousand pounds of uranium in Q1 of fiscal year 2026 and exceeded one million pounds during April 2026. Phase 1B aims to produce commercial quantities of terbium and dysprosium, while Phase 1C is expected to allow uranium and rare earth element materials to be processed simultaneously when operations are targeted for late 2027.
Energy Fuels completed the acquisition of Australian Strategic Materials on August 28, 2026 after announcing it on January 20, 2026. The transaction added a commercial metals and alloys production facility in Korea and the polymetallic Dubbo project, expanding the chain from raw materials and oxides to metals and alloys. The company plans to review the engineering of Dubbo, which was based on producing rare earth element hydroxide and sending it to White Mesa for processing, without providing final financial figures for the transaction's impact within the available data.
Management said on May 7, 2026 that the uranium segment had begun showing promising results and a trend toward profitability. All-in mining, transportation, and processing costs were $23–30 per pound, and inventory cost fell to $36 per pound by the end of Q1 of fiscal year 2026, with cost of goods sold expected to approach $30 per pound during fiscal year 2026. However, the company as a whole remained at a net loss of $10.8 million for the quarter and $70.2 million over the trailing twelve months.
The company produced its first terbium on a pilot scale at a rate of approximately one kilogram per week during Q1 of fiscal year 2026. On August 19, 2026, it announced that the terbium oxide had passed all qualification tests conducted by one of Japan's largest permanent magnet manufacturers. Phase 1B supports expansion toward commercial quantities of terbium and dysprosium, while Phase 2 targets capacity exceeding six thousand metric tons of NdPr annually after permitting and commissioning are completed.
White Mesa Phase 2 requires estimated capital expenditure of approximately $410 million and remains in the permitting process, while the company targets late 2027 for Phase 1B and Phase 1C operations. The investment agreement for the Varamata project was delayed following the change of government in Madagascar, despite the company's continued discussions with officials. The final investment decision for Donald was also delayed pending coordination of financing, two product offtake agreements, and approval from partner Astron, so the forward-looking values in the feasibility studies remain contingent on execution.
