In the latest market close, Energy Fuels (UUUU) reached $4.67, with a -1.06% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 0.13% for the day. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.52%.

The uranium and vanadium miner and developer's shares have seen an increase of 1.94% over the last month, not keeping up with the Basic Materials sector's gain of 2.11% and the S&P 500's gain of 3.67%.

The upcoming earnings release of Energy Fuels will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.05, marking a 150% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $5.1 million, indicating a 53.59% decrease compared to the same quarter of the previous year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of -$0.11 per share and a revenue of $50.3 million, indicating changes of +8.33% and +32.62%, respectively, from the former year.

Investors should also pay attention to any latest changes in analyst estimates for Energy Fuels. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, Energy Fuels holds a Zacks Rank of #3 (Hold).

The Mining - Non Ferrous industry is part of the Basic Materials sector. With its current Zacks Industry Rank of 143, this industry ranks in the bottom 44% of all industries, numbering over 250.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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