- Energy Fuels (UUUU, Financial) aims to increase monazite processing capacity, boosting its rare earth oxide production.
- With significant upside potential, analysts set an average price target of $8.56 for Energy Fuels.
- Energy Fuels is rated "Outperform," with a GF Value estimate indicating substantial growth prospects.
Energy Fuels (UUUU) has seen a notable 7.6% rise in its stock price following the company's strategic move to enhance its rare earth oxide production capabilities at the White Mesa mill in Utah. This ambitious plan, contingent on support from U.S. stakeholders and favorable market conditions, intends to scale up the facility's monazite processing capacity from 10,000 to 60,000 metric tons annually.
Wall Street Analysts Forecast
The future looks promising for Energy Fuels Inc (UUUU, Financial), as indicated by recent analyst forecasts. According to data from 4 analysts, the average one-year price target for the company is set at $8.56. This includes a high estimate of $10.75 and a low of $5.75, representing a significant upside of 82.18% from the current share price of $4.70. Investors can explore more in-depth estimate data by visiting the Energy Fuels Inc (UUUU) Forecast page.
Analyst Recommendations
The consensus among three brokerage firms currently positions Energy Fuels Inc with an average brokerage recommendation of 2.0, classifying the stock as "Outperform." This rating operates on a scale from 1 to 5, where 1 indicates a Strong Buy, and 5 suggests a Sell, underscoring confidence in the company's market performance.
GuruFocus Valuation Metrics
GuruFocus's proprietary GF Value metric estimates that Energy Fuels Inc's value in one year could reach $19.28. This suggests a potential upside of 310.21% from the current price of $4.7. The GF Value calculation leverages historical trading multiples alongside past business growth and future performance estimates to determine the stock's fair trading value. Investors seeking further detailed information can visit the Energy Fuels Inc (UUUU, Financial) Summary page.
