TSX:EFROil and Gas
Energy Fuels (TSX:EFR) Is Down 22.6% After Reaffirming 2026 Uranium Output Amid Cameco Disruption – Has The Bull Case Changed?
In early May 2026, Energy Fuels Inc. reported that first-quarter sales rose to US$35.84 million while net loss narrowed to US$10.84 million, and the company reaffirmed its 2026 uranium production guidance of 2,000,000 to 2,500,000 mined pounds and 1,500,000 to 2,500,000 processed pounds of U3O8.
At the same time, uranium market attention shifted as Cameco temporarily curtailed production due to flooding in northern Saskatchewan, highlighting Energy Fuels’ role as a potentially important...