UUUU Earnings Prediction
The chart below shows how UUUU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, UUUU sees a +3.53% change in stock price 10 days leading up to the earnings, and a +3.89% change 10 days following the report. On the earnings day itself, the stock moves by -0.99%. This data can give you a slight idea of what to expect for the next quarter's release.
UUUU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.05M
-63.17%
-53.58%
Gross Margin
38.05%
-23.13%
-24.91%
Operating Margin
-250.16%
312.53%
252.09%
Net Margin
-298.47%
-413.22%
305.42%
EPS
-0.07
-200.00%
75.00%
No Data Available
UUUU Earnings Analysis
Energy Fuels Inc. Corporation (UUUU.A) Earnings Conference Call
Positive
Cash and Marketable Securities: 1. Strong Cash Position: Energy Fuels reported a working capital of $183 million at quarter-end, primarily in cash and marketable securities, with no debt on the balance sheet.
Uranium Production Increase: 2. Uranium Production Ramp-Up: The company is on track to ramp up uranium production to a run rate of 1.1 million to 1.4 million pounds by the end of 2024, supported by nearly 1 million pounds of uranium inventory in various stages of processing.
Rare Earths Separation Success: 3. Successful Rare Earths Separation: The Phase 1 separation plant for rare earth elements has been successfully commissioned, with a processing capability of up to 1,000 tonnes of NdPr per annum, equivalent to about 1 million electric vehicles.
Heavy Mineral Sands Acquisition: 4. Acquisition of Base Resources: The acquisition of Base Resources, completed on October 2, 2024, is expected to significantly enhance Energy Fuels' capabilities in the Heavy Mineral Sands sector, particularly in titanium and zirconium production.
Uranium Market Success: 5. Positive Market Dynamics: The company has successfully sold uranium at favorable prices, with 250,000 pounds sold on the spot market for approximately $91.50 per pound, indicating strong demand and pricing power in the uranium market.
Negative
Q3 2024 Net Loss: 1. Net Loss: Energy Fuels reported a net loss of $12 million for Q3 2024, primarily due to transaction costs, despite some offset from uranium sales.
Uranium Sales Decline: 2. Lower Uranium Sales: The company sold only 50,000 pounds of uranium during the quarter, significantly lower than potential production levels, as they opted not to sell more due to lower prices.
Lowered Production Expectations: 3. Reduced Production Guidance: The guidance for finished uranium production at year-end was lowered to 150,000 to 200,000 pounds, down from previous expectations, primarily due to delays in agreements with the Navajo Nation.
Operating Cost Challenges: 4. High Operating Costs: The operating cost for NdPr production is around $30 per kilogram, which, while competitive, reflects the challenges in scaling up production amid fluctuating market conditions.
Uranium Inventory Challenges: 5. Inventory Concerns: Despite having nearly 1 million pounds of uranium in inventory, the company faces challenges in processing and selling this inventory due to market conditions and operational delays.
UUUU FAQs
How does UUUU typically perform around its earnings report dates?
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UUUU Earning Call Sentiment
Energy Fuels Inc (UUUU) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
UUUU.A
-1.78%Positive
The earnings call presents mixed signals. Financial performance shows a net loss and limited uranium sales, which are negative. However, there's potential for increased uranium production and improved contract terms, which are positive. The lack of a shareholder return plan and vague management responses in the Q&A add uncertainty. Given the small market cap, the stock might react more to these mixed signals, resulting in a neutral prediction.
