Energy Fuels stock falls 3.10 percent as Q2 loss widens

Published on 09/24/2026 at 17:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Energy Fuels stock posted USD 25.1 million in Q2 revenue, up 496 percent year over year. First-half uranium output reached 1.7 million pounds against guidance.

EDV, CA2926717083, Illustration mit AI erstellt.

Energy Fuels stock (ISIN CA2926717083) was trading at USD 11.23 on NYSE American on September 24, 2026, at 11:30 a.m. ET, down 3.10 percent from the previous close. The move follows a second-quarter loss that widened even as uranium revenue accelerated.

Revenue surges as losses widen

According to Zacks on September 22, 2026, Energy Fuels generated USD 25.1 million of revenue in Q2/2026, a 496 percent increase from the year-earlier quarter. The company nevertheless reported a net loss of USD 33.4 million, or USD 0.13 per share, compared with a USD 21.8 million loss and USD 0.10 per share in Q2/2025.

The operating loss reached USD 30.6 million in Q2/2026, up from USD 26.2 million a year earlier, showing the cost of expansion before the newer businesses contribute at scale.

Uranium output clears guidance floor

Energy Fuels mined 315,000 pounds of uranium in Q2/2026 and 740,000 pounds in the first half. Nasdaq reported that finished uranium production reached 1.7 million pounds in the first half, 13.3 percent above the low end of the company guidance range of 1.5 million to 2.5 million pounds for 2026.

The production figure is the clearest counterweight to the quarterly loss. Energy Fuels expects to mine 2 million to 2.5 million pounds of contained uranium and sell 1.5 million to 2 million pounds through spot and contracted transactions in 2026.

Rare earth expansion raises stakes

The company also completed its acquisition of Australian Strategic Materials on August 28, 2026. PR Newswire said the transaction added rare earth metals and alloys while Energy Fuels continued to trade under UUUU on NYSE American.

The acquisition expands the company beyond uranium, but the Q2 figures show that operating costs still exceed consolidated earnings. For investors, production delivery and cash use now matter alongside the longer-term rare earth strategy.

Stock stays above yearly low

At USD 11.23 on September 24, 2026, Energy Fuels stock stood 5.05 percent above its 52-week low of USD 10.69 and 59.75 percent below its 52-week high of USD 27.90. Market capitalization was USD 2,807,841,452 at the same market snapshot.