Overview
- Shares of Energy Fuels climbed to an intraday high of $27.90 and closed up 14.74% at $27.72 on Wednesday, reaching levels not seen in nearly 12 years.
- The DOE asked states to host Nuclear Lifecycle Innovation Campuses to support work across the fuel cycle, including used-fuel recycling, a capability the U.S. currently lacks at commercial scale.
- Roth upgraded the stock to neutral from sell and raised its target to $15.50, citing improving sentiment and potential near-term catalysts such as firmer uranium prices.
- Energy Fuels operates the White Mesa Mill, owns high-grade assets like Pinyon Plain, produces NdPr oxide, and is piloting heavy rare earth separation to offer a non‑Chinese processing option for EV, wind, and defense supply chains.
- The company reported Q3 2025 revenue of $17.7 million and remains unprofitable, though it holds nearly $1 billion in liquidity after a $700 million convertible offering with no debt, with investors watching for increased uranium sales and a planned heavy‑REE separation launch by late 2026.