Energy fuels Stock news
Energy Fuels Inc. reported its Q1 2026 financial results, highlighting a significant revenue increase to $35.8 million compared to $16.9 million in the prior--year period. The company narrowed its net loss to $10.8 million ($0.04 per share) from $26.3 million ($0.13 per share) in Q1 2025. Key operational milestones included the delivery of 510,000 pounds of uranium concentrate and the successful pilot--scale production of terbium oxide. Additionally, the company announced plans to install infrastructure at the White Mesa Mill for heavy rare earth oxide production and confirmed the pending acquisition of Australian Strategic Materials, expected to close in July 2026. This quarter also marked the official transition of Ross Bhappu to the role of President and CEO.