ENERGY FUELS $UUUU Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $29.2M (Est. $32.8M) 🔴; +65% YoY
🔹 EPS: -$0.20 (Est. -$0.05) 🔴
🔹 Net Loss: $52.4M
Announcements:
🔹 ASM Acquisition: Completed; KMP adds commercial-scale REE metal and alloy production
🔹 VAC Acquisition: Pending; 3,500 tpa magnet-block capacity, expandable to 13,500 tpa
🔹 White Mesa Mill: Construction approved for commercial-scale heavy REE circuits
Other Q3 Metrics:
🔹 Uranium Revenue: $28.4M
🔹 Working Capital: $932.3M
Key Updates:
🔹 Uranium Mined: 385,000 pounds in Q3; 1.1M pounds YTD
🔹 Donald Project: Up to A$180M financing package within proposed A$200M facility
Comments:
🔸 “Higher realized uranium prices supported improved margins, while we continued advancing our uranium production pipeline. The completion of the ASM acquisition was a major strategic milestone, adding commercial-scale rare earth metal and alloy production at our KMP.”