Energy Fuels (UUUU) shares ended the last trading session 10.7% higher at $7.76. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 20.9% gain over the past four weeks.
Shares of Energy Fuels gained following the announcement that the Pinyon Plain uranium mine in Arizona is significantly outperforming earlier production estimates. Pinyon Plain mine output was driven by high grades averaging 3.51% in June and 2.23% in the second quarter of 2025.
The company further announced that due to strong production, it plans to sell 140,000 pounds in the third quarter and 160,000 pounds in the fourth quarter under existing contracts. In 2026, expected sales range from 620,000 to 880,000 pounds under current long-term contracts. The company may also pursue opportunistic sales and new contracts.
This uranium and vanadium miner and developer is expected to post quarterly loss of $0.04 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $9.4 million, up 7.8% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Energy Fuels, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on UUUU going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Energy Fuels belongs to the Zacks Mining - Non Ferrous industry. Another stock from the same industry, Coeur Mining (CDE), closed the last trading session 3% lower at $9.15. Over the past month, CDE has returned 3.2%.
Coeur Mining's consensus EPS estimate for the upcoming report has changed +45.2% over the past month to $0.17. Compared to the company's year-ago EPS, this represents a change of +1800%. Coeur Mining currently boasts a Zacks Rank of #1 (Strong Buy).
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Energy Fuels Inc (UUUU): Free Stock Analysis Report Coeur Mining, Inc. (CDE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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