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Energy Fuels UUUU has declined 28.3% year to date compared with the non-ferrous mining industry’s 31.9% fall. The Zacks Basic Materials sector has slipped 10.7%, while the S&P 500 has risen 7.8% in the same timeframe.
Looking at UUUU peer performances - Centrus Energy LEU has gained 56% year to date, while Cameco CCJ has dipped 15.7%, still faring better than Energy Fuels. Meanwhile, Uranium Energy UEC has underperformed Energy Fuels with a year-to-date decline of 33%.
UUUU Stock’s YTD Performance Vs Industry, Sector & S&P 500
Image Source: Zacks Investment Research
The UUUU stock is currently trading below its 200-day and 50-day moving averages, suggesting a bearish trend.
Energy Fuels Shares Trade Below 50-Day & 200-Day SMAs
Image Source: Zacks Investment Research
Given the significant pullback in UUUU shares, investors might be tempted to snap up the stock. But is this the right time? Let us dig deeper to find out.
Downtrend in Uranium Prices to Weigh on UUUU
Uranium prices are currently at $64 per pound, the lowest in 18 months and down 11.8% so far this year. Prices have been impacted by adequate supply amid uncertain demand. U.S. President Trump excluded Russia from major reciprocal tariffs, supporting earlier signals of his intent to strengthen economic ties with the country. This move has fueled speculation that existing sanctions on Russian nuclear fuel imports might be lifted.
Energy Fuels’s expected ore production for 2025 is 730,000-1,170,000 pounds of uranium from the Pinyon Plain, La Sal and Pandora mines. It anticipates selling between 200,000 and 300,000 pounds of uranium in 2025 under its existing long-term contracts with utilities.
The company stated that it may sell uranium in the spot market in the year. However, considering the downtrend in prices so far, this seems unlikely.
Energy Fuels Witnesses Downward Estimate Revisions
Estimates for UUUU have undergone negative revisions, as shown in the chart below.
Image Source: Zacks Investment Research
Energy Fuels is expected to incur a loss of 21 cents per share in 2025, in contrast to the earlier-expected earnings of 11 cents per share. The estimate for the year’s revenues is pegged at $72.3 million, suggesting a 7.5% year-over-year decline.
Image Source: Zacks Investment Research
The estimate for 2026 revenues is $180.2 million, implying a 149% year-over-year upsurge. The consensus estimate for earnings is pegged at 6 cents. This suggests that 2026 will be the company’s first year of profit since it started trading on the NYSE in December 2013.