Energy Fuels Inc. (NYSE: UUUU) is a key player in the U.S. market, specializing in the production of uranium and rare earth elements. The company is making strides with its planned Phase 2 circuit expansion at the White Mesa Mill in Utah. This expansion aims to boost its rare earth element processing capabilities, positioning Energy Fuels as a significant contributor to the U.S. rare earth supply chain.
On January 15, 2026, Roth Capital set a price target of $13 for UUUU, while the stock was trading at $21.66. This target suggests a potential decrease of about 40% from the current price. Despite this, the stock has recently seen a price increase to $21.87, reflecting a 4.57% rise with a $0.96 change. The stock's fluctuation between $20.53 and $22.48 during the day indicates market volatility.
The Bankable Feasibility Study (BFS) for the White Mesa Mill expansion highlights promising economic potential. Energy Fuels plans to produce 6,000 tonnes per annum (tpa) of Neodymium-Praseodymium (NdPr), 240 tpa of Dysprosium, and 66 tpa of Terbium. The BFS reveals a lower-than-expected capital expenditure (CAPEX) and a significant annual EBITDA, which could enhance the company's financial standing.
Energy Fuels aims to achieve a first quartile cost position, making its NdPr production among the lowest cost globally. CEO Mark S. Chalmers emphasizes the company's role in addressing America's rare earth processing bottleneck. This strategic move could solidify Energy Fuels' position in the industry, despite the current market valuation challenges.
With a market capitalization of approximately $5.19 billion and a trading volume of 14,536,404 shares on the AMEX exchange, UUUU remains a stock to watch. The stock's 52-week range, from a low of $3.20 to a high of $27.33, reflects its potential for significant price movement. As Energy Fuels continues its expansion efforts, investors will closely monitor its impact on the stock's performance.
