Energy Fuels (UUUU) Stock Dips 9% Post Q2 Earnings: How to Play It?
Energy Fuels(UUUU) ZACKS·2024-08-09 02:50
Shares of Energy Fuels (UUUU) have dipped 9.4% since it reported second-quarter 2024 results on Aug 2. Despite beating estimates, investors were disappointed that the year-over-year revenue increase did not translate into improved profitability for the company. The dispute over shipments from the Pinyon mine fueled concerns that the company might not meet its 2024 production guidance. This, along with falling uranium prices, pushed the stock to a 52-week low of $4.19 on Aug 5. The stock has somewhat recover ...