Reports Q3 revenue $4.05M, consensus $5.1M. “Uranium drives our current financial outlook, while rare earth elements and heavy mineral sand products are significantly adding to our long-term value and growth strategy,” said CEO Mark Chalmers. “This quarter, we maintained our clean balance sheet while adding a new long-term U.S. utility customer, completing another spot sale of U3O8, and commencing processing of the large inventory stockpile of uranium feedstock at the White Mesa Mill, which is expected to continue well into 2025 and beyond….Our acquisition of Base Resources Limited and its world-class Toliara heavy mineral sands/monazite project in Madagascar on October 2, 2024 is an exciting step in achieving these objectives.”
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UUUU:
- UUUU Earnings this Week: How Will it Perform?
- Energy Fuels price target raised to $6 from $4.75 at Roth MKM
- Energy Fuels call volume above normal and directionally bullish
- Energy Fuels Broadens Market Presence with Share Issuance
- Energy Fuels price target raised to $10.75 from $10.50 at H.C. Wainwright