Overview

* Energy Fuels' ( UUUU ) Q3 uranium sales increased, with a net loss of $16.7 mln, from $21.8 mln last year

* Company completed $700 mln convertible notes offering, boosting working capital

* Quarterly revenue rises with increased uranium sales

Outlook

* Energy Fuels ( UUUU ) expects to produce up to 1 mln pounds of U3O8 in 2025, within previous guidance

* Company expects to sell 160,000 pounds of U3O8 in Q4

* Energy Fuels plans to produce 430,000 to 730,000 pounds of U3O8 in Q1 2026

Result Drivers

* URANIUM SALES - Increased uranium sales and continued low-cost production contributed to significant cash margins

* RARE EARTH PROGRESS - Successful pilot production of heavy rare earth elements, including 29 kg of 99.99% purity Dy oxide

* FINANCIAL BOOST - Completion of $700 mln convertible notes offering increased working capital to nearly $1 bln

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net $16.7

Loss mln

Q3 $26.7

Operatin mln

g Loss

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the uranium peer group is "buy"

* Wall Street's median 12-month price target for Energy Fuels Inc ( UUUU ) is $22.00, about 19.1% above its November 3 closing price of $17.80

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)