Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

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* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

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Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

I had traded for down side but it show a strong uptrend What is the reason Help

I’m not super knowledgeable about trading however back in August my brother (who trades much more) convinced me to put a call on RKLB. So I did a 6.5$ call, 1 contract. It was 90$, I was under the assumption that once the contract expired if I didn’t sell the call my 90$ would be returned to me. Is this not the case? Explain it to me like I’m 5 please.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

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* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

I know nothing about stocks but my brother sent this to me. What does it mean

This doesn't have to be your biggest gainer or loser, although it's understandable if that ends up being your choice. What's you're overall gain on the stock? What about your choice are you most proud or most ashamed of? Would you advise investing in it today?

My most proud stock is $SQ, since it's my third highest gainer right now, and it was the first stock where I decided I should sell something I own to buy it. I sold my Disney stock to hold $SQ instead. I believe in cash app, and despite their recent move away from BTC investing, their part in the BTC business, as a place to safely purchase and move BTC to your own wallet reliably, or hold sats if you feel unsure of your own ability to secure your BTC, is highly profitable, moreso with every surge in price. I also thing their small business applications will improve over time, as any tech does. And being a big name early in the game will help in the long run. I also like Jack Dorsey because of his personal commitment to BTC and how he ran Twitter before Elon.

My most ashamed stock is realty income, $O, which despite all the rate cuts has gained less than 3% since I got it xP although has paid some dividends which I didn't reinvest because I didn't know how to yet. The big purchase it made relatively recently did not move the needle for me or apparently any of its other investors. Still hoping they diversify into more cash generating businesses outside of leasing property, as we've seen many retail businesses struggle in the modern age

I come from a long line of poor financial planners. I'm 42 now and have always saved, but until a couple of years ago, it was just in a savings account. I dabbled with a Roth, saw that was doing well, opened a brokerage account and now have pretty much everything spread between Roth and regular investments.

I have a buffer in checking I don't go below and a couple thousand in savings in case I need it, which I haven't. Investing is going great, and I'm only kicking myself for not doing it sooner. However, are there any downsides to having most of my money in the market that I'm not considering? It's all safe investments, ETFs, Google, Amazon, etc. My gambles were ASTS and RKLB and thank you to both of them! But my initial investment in those is low even if their value is now a significant chunk of my portfolio.

Edit: I really appreciate the responses and will read through all! Just may not be able to reply because work.

Almost 6 months ago, I mutually agreed to part ways with my company. I was President of a Construction Company that was private equity backed and based in Milwaukee. A fun opportunity, and different environment compared to being a serial entrepreneur. Had the opportunity to service hundreds of customers, and build a brand at the expense of someone else! Definitely a cool chapter of my life. Unfortunately, my old man was diagnosed with Stage 4 cancer on January 1, 2024 (Happy new year, I guess right?). He currently lives in India, and I split time between Milwaukee and Philadelphia. Without getting into the weeds, I resigned and relocated to India and travel back and forth every 3 months for a couple of weeks.

I decided over the summer, that I would begin full time trading. I have been passively investing in the market for the past 10 years, more active since the beginning of the pandemic. I have taught friends, made and then lost and then recovered and made again, I've been in and out of the market, but I decided to apply my approach at scale.

As an investor, I'm a believer in fundamentals, but also a big value investor. Being a serial entrepreneur and having scaled a variety of businesses in global markets, I have found that I have a deep understanding of valuation and value-prospects, I believe I have a similar approach and understanding to various MMs, and have used that approach intertwined with technical to read the market. My goal was to first generate enough monthly income to cover all liabilities I have on the books, approx. 7-8k per month in fixed expenses. I have multiple accounts where I trade options exclusively, but I decided I would set up a new account purely for trading of equities only.

I told my Old Man there were 251 trading days in a typical year, if I could average 1% per day, I would be able to generate 251% return. LOL... ambitious I know. I did a little math, looked at my trading history, and formulated a pricing strategy for entry and exit in various ticker symbols where I have done a lot of due diligence. It's funny...I found there are some names that I can never win on, and there are some names, that I can just continue to win with (all mental I know...) but I know the price levels realy well. Not every trade is a win, and you'll see that - but I use my losses as ticket symbols to attack on swing trades and recover my losses over the course of the upcoming year.

I created an account in Robinhood with $36,000 opening balance on September 3rd, 2024. I average about $13,000 in margin. I transfer any profits when I close a position and the equity balance is greater than $36,000.

Here are my results!

I completed the first 3 months, as of today, with a 92.26% return (Robinhood's percentages are all messed up because it's counts the withdrawals as capital reduction versus capital gains). I hope I can keep this up going forward! Wish me luck, regards.

Update: Added images! Don't know why they didn't post the first time.

https://preview.redd.it/gfdbegsh0x3e1.jpg?width=1290&format=pjpg&auto=webp&s=a88b6f7829ea84aad659687116c9e0ab29b78c6b

https://preview.redd.it/8trw7jsh0x3e1.png?width=1290&format=png&auto=webp&s=77ae37a52ce2d927ca5eba2282e4af9d72951877

https://preview.redd.it/4z9n8gsh0x3e1.png?width=1290&format=png&auto=webp&s=467cc9a702a861bffcfebeec3b898078f9d987b6

https://preview.redd.it/9zc2tgsh0x3e1.png?width=1290&format=png&auto=webp&s=3b65278c0e56e21e5751e4ed624c74318b42ad46

https://preview.redd.it/tvjg2ish0x3e1.png?width=1290&format=png&auto=webp&s=52998c2b69aab48465a9f8c375be3e0adb47bc17

https://preview.redd.it/7imw7ish0x3e1.png?width=1290&format=png&auto=webp&s=3405dc5a05127d49485d2c5f8a37670d55bd962f

https://preview.redd.it/hpa62jsh0x3e1.jpg?width=1290&format=pjpg&auto=webp&s=f503611df58a600d9b735537842a50d693471aca

I've been reading and listening to a lot of comments from Elon Musk and Vivek Ramaswami about their plans to slash government spending, as well as RFK's plans to overhaul the pharma and food industries. Since many of the agencies they're looking at report directly to the Executive branch, it seems likely that they and Trump will be able to realign or even abolish those agencies without too much trouble. Assuming they are able to push through massive cuts to the federal government, including possibly hundreds of thousands of layoffs among federal employees and contractors, how will the markets react? Up because of the lowered deficits, or down due to all the uncertainty?

I bought some calls but once I purchased I instantly got -80%. lol why? I tried few option before, it happened the same if I purchased I instantly lose money. Please anyone can explain to me?

Does anyone have any thoughts on buying BRB.K this month as a one off instead of the usual DCA into S&P 500?

I usually allocate the same amount of money to S&P 500 every month and have done this for years. However given much the stock market is up (27% YTD), especially including the recent trump mania, I think we are due a pull back.

And the way Buffet has been selling stocks recently, so does he. However would spending the same amount this month on Berkshire Hathaway stock instead of S&P, as a one off, hedge against this risk.

WB has the highest stock pile he’s ever had, whilst still in the market albeit much smaller. I was just thinking it as a way of further diversification - I’ll obviously keep all of my investments in the S&P but as a one off for this month was thinking it could be wise to load up on BH stock, so can receive the benefits of the business of interest from their cash holdings as well as their equity holdings.

Do you guys think this is a reasonable thought process or just stick to the plan and keep DCAing into the S&P this month?

Thanks.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

I’m trying to evaluate a solar/wind company, and I’m finding it much more complicated than analyzing a “normal” tech or consumer company.

There are so many KPIs that I’m struggling to wrap my head around. For example, I’ve come across terms like Levelized Cost of Energy (LCOE) and MWh produced, but it doesn’t stop there. Other metrics I’ve seen include: • Capacity Factor: How efficiently the company uses its installed capacity. • Installed Capacity (MW): The total capacity of their assets. • Project Pipeline: Upcoming projects in development and their stages. • PPA Contracts: Details of Power Purchase Agreements, like duration and pricing. • O&M Costs: Operations and Maintenance expenses per MWh.

It feels overwhelming compared to the more familiar revenue growth, margins, and user metrics in tech or consumer companies.

How do you prioritize which KPIs to focus on when evaluating companies in this sector? Are there specific ones that are more critical depending on whether they’re utility-scale, distributed energy, or equipment manufacturers?

I’m interested in investing in the data centers, servers, and related opportunities driven by AI. What do you think? Individual AI software winners may be hard to pick, but surely the server farms are needed anyway. Is there an opportunity, and how are you exploiting it? With long experience in the software business I am aware that the AI world is maturing, but has a long way to go. I am sure we will see stories of AI-driven project failures. Equally, I’m sure we’ll see stories about great successes. But whichever way it goes there will be vast investment. So are you focusing your investments on AI platforms (if so, which), or hardware (Nvidia and others) or Data Center REITs (American Tower, Equinix) or things like the Global X ETFs (which seem underperforming to me). I think there’s a big opportunity, but I can’t see how to nail it down.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

Hi everyone! I’m 18, from Sweden, and diving into investing and investments for the first time. I'm excited and nervous. as well with making the wrong chices, but I’m ready to give it a go and learn as much as I can along the way. Here’s where I’m at:

I’ve invested €400 into a Swedish index fund that focuses on the global tech sector yesterday. It’s been having quite a good 30% growth in the past six months. My plan is to hold onto it for six to nine months and see where it goes.

I’ve got €300 ready to put into individual stocks, and I want to make my first move by Friday (or next Monday). My goal is to find something with good short-term potential (around six months). I’d love to hear your tips on what to invest in and why!

• What’s the hot stock I should buy this week?
• Which sectors are looking strong right now? Besides tech, are there industries that could really shine over the next six months?
• With now Trump returning to the presidency (or other big world events), which stocks or sectors might benefit?
• Are there any earnings reports or global trends this week I should keep an eye on?

I’m all ears for your advice and would love to hear about your own experiences too. Thanks for your help!

Snowflake shares rallied after releasing strong Q3 earnings, but I think its AI progress is overstated. Despite beating revenue expectations, Q4 guidance is for only 23% growth, and AI product revenue remains small and limited.RPO growth is largely coming from long-term contracts with large clients, and future growth potential is unclear

In addition, Snowflake's valuation is already high, much higher than peers such as Databricks, which is growing faster. Overall, despite the AI hype driving the stock rally, the company's actual growth is at risk of slowing down and I think we should be wary of possible overvaluation

So here is the full story of one of the biggest stock drops of WYNN (though they haven’t recovered till this day). Also, anyone here with $WYNN? What’s your thoughts about it? 

https://www.benzinga.com/markets/24/11/42050388/high-stakes-and-higher-scandals-inside-wynn-resorts-legal-and-ethical-crisis

First things first: Steve Wynn, the company’s founder, was key to its brand and success, as they positioned it. But then, in January 2018, the Wall Street Journal revealed sexual misconduct allegations against him, backed by over 150 interviews.

These allegations, some dating back decades, led to investigations by Nevada and Massachusetts regulators. Both found Wynn guilty and uncovered a cover-up by senior executives (what a shocker, right?). The result was a staggering $55M in fines for the company.

After that, the market reaction was fast. $WYNN stock plunged 18% in just days, triggering a lawsuit from investors. They accused the company of hiding Wynn’s misconduct and exposing them to financial risk.

Now, after years of legal battles, Wynn Resorts has agreed to pay a $70M settlement. So, if you owned shares during this time, you might be eligible to submit a claim.

While the company has taken steps to rebuild its reputation — like securing a UAE gaming license, reducing debt, and launching a $1B share buyback program — $WYNN still trades at $93, down 51% from its 2018 peak of $192.

And, has anyone here been affected by this? How much were your losses if so?

Prospect capital's share price took a big hit last month and it was due to an audio forcing them to take a loss on investments that will bring in revenue soon. This dividend stock is way undervalued. And the insider buying lately backs up that thesis.

The CEO has purchased nearly 4.2 million shares or over $20 million! he takes 0 Salary! The President has a salary of 175K and has purchase about that in shares! Every day this week I get SEC filings saying they are buying more. See for yourself:

https://www.prospectstreet.com/investors/Docs/InsiderFilings/

Yesterday somebody I follow took a call from the company and told us this:

"The Chief Credit Officer at PSEC called me about 11am yesterday. Steven Stone. I was surprised it was from a cell phone. We spoke in February for about 50 mins as well. I have actually met the CEO 3x, last about 13 years ago at an annual shareholders meeting. I first attended in my 20s, was in the city. 1 thing you should know about PSEC is that it is a super defensive stock. The idea is, it is supposed to stay level, about 6, and supposed to give you near 12% in dividends, while having a steady price… We can see that has happened in this market, but that is the idea. It is always good to diversify… I had called and thought the drop off was do to their main REIT business. That business has about 70 multi family properties. Some with 100s of units. Those properties are not prime areas, they are 2^(nd)/3^(rd) tier.. They cash flow well, but on paper, they can depreciate, the asset value, prime can depreciate a lot! So this quarter the value of the REITS were written down much harder than the past, this is determined by their auditor… Every quarter there 117 investments must be appraised…. The loss and bad quarter is on 3 companies. 1 of which they finally did take a write off of near 120 million! PGX a credit repair service. The original owners took out nearly 200 million loan. When they could no longer pay the loan back, as the Govt fined and halted the business, they could not pay it… So PSEC took it over. It has a lot of upside, the margins there are high. We had spoke about this in February and had hoped that the service would be up and running. But it is still shut down, so the auditor forced them to take the loss… This is on paper! They didn’t lose the cash, the cash was loaned out. Hence the EPS will look bad.. They did earn less income because the other 2 of 3 that messed this quarter up, are failing. PSEC suspended interest payments on these 2. 1 of these holds a 180 million loan. PSEC cut the dividend and has chosen to take over these 2 businesses for a turn around. When turned they may sell the business and reap rewards.. Personally, hearing about these other 2, EH! But the credit repair is a cash cow."

I have 2000 shares in my Roth and in my trading account. Not financial advice but worth a look.

Hey everyone,

I have recently started diving into world indices and looking more closely at the trends in global markets. One thing that caught my attention was the significant sell-off in early August 2023 that affected major indices across the globe.

From what I have gathered, there were a number of factors at play, but I am curious to hear your thoughts on what really drove the market downturn. Was it mostly due to economic data (like inflation), bond yields, geopolitical tensions, or something else?

I have been reading about the impact of U.S. inflation, rising bond yields, and concerns over China’s economic slowdown, but I would love to hear from others who have more experience with this. What do you think caused this major sell-off, and how did it affect different global indices?

Looking forward to hearing your insights!

Hi! I am an ex-prop shop equity trader.

This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold some/all MAG 7 stocks and market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m following subreddit rules to disclose positions. I use IBKR TWS for my platform and charts.

I am targeting potentially good candidates to day trade; I have no opinion on them as investments. This means the potential of the stock moving today is what makes it interesting, not the business, long-term prospects, or the people involved.

PLEASE ask specific questions and PLEASE don’t ask about earnings because I typically don’t take positions before earnings announcements. Questions like “Thoughts on _____?” or “Why isn’t ___ on the watchlist?” or something answered already will be ignored unless you add detail and your opinion. If you post a question and delete it after I answer it, I will block you- doing that hurts discussion. I am not answering questions if I’m still long or short a stock beyond what I update.

Happy Thanksgiving everyone. Will not be posting on Friday, due to the half day. Mainly earnings today.

News: Lebanon Cease Fire Starts After Israel And Hezbollah Reach Deal

GM / F / TM / other car companies - GM is supposedly more exposed to tariffs due to SUV/pickup truck prices, and exports the most cars from Mexico to NA.

https://preview.redd.it/ji8oycw2cg3e1.png?width=1017&format=png&auto=webp&s=e98fbe6441df93669a06bd20164f13cfb8452f93

DELL - Reported adjusted earnings of $2.15 vs 2.06, revenue of $24.4B vs 24.69B exp. Revenue mainly hurt by fall in consumer revenue (18%), and company client solutions (PC/Laptops). Also guided weaker due to delays in AI server sales and PC refresh cycle.

https://preview.redd.it/da9q9ct3cg3e1.png?width=1023&format=png&auto=webp&s=5b7061cb98a5fdd109405e480e1a405a9ea5b6bb

SYM - Announced delay in filing 10-K for fiscal year 2024 due to errors in revenue recognition, revenue/gross profit/adjusted EBITDA expected to decline by $30-40M, FY2025 outlook revised downward as well.

https://preview.redd.it/5nz4c9b6cg3e1.png?width=1531&format=png&auto=webp&s=095300662474ad60531878c752c6f9f807db778a

AMBA - EPS of -$.13 vs -$.19, revenue of $63.7M vs $62.1M. Reported 30% boost in auto and IoT segments and optimistic forecast.

https://preview.redd.it/fbqfwq87cg3e1.png?width=1015&format=png&auto=webp&s=9301c28ed83b12a9aac59e314c370cf7b71cc6c0

WDAY - EPS of 1.89 vs 1.76 exp, revenue of $2.16B vs 2.13B expected. Fell mainly due to subscription growth outlook.

https://preview.redd.it/dprblkn8cg3e1.png?width=1018&format=png&auto=webp&s=221571ffad741d46600fe67b361b09535e7912aa

Again, watching TSLA $360 level.

Have a general question? Want to offer some commentary on markets? Maybe you would just like to throw out a neat fact that doesn't warrant a self post? Feel free to post here!

​

If your question is "I have $10,000, what do I do?" or other "advice for my personal situation" questions, you should include relevant information, such as the following:

​

* How old are you? What country do you live in?

* Are you employed/making income? How much?

* What are your objectives with this money? (Buy a house? Retirement savings?)

* What is your time horizon? Do you need this money next month? Next 20yrs?

* What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know its 100% safe?)

* What are you current holdings? (Do you already have exposure to specific funds and sectors? Any other assets?)

* Any big debts (include interest rate) or expenses?

* And any other relevant financial information will be useful to give you a proper answer. .

Be aware that these answers are just opinions of Redditors and should be used as a starting point for your research. You should strongly consider seeing a registered investment adviser if you need professional support before making any financial decisions!

I wanted to get everyone’s take on DELL (down nearly 11% after hours.) I bought 106 shares at 130.5 during their recent run. Didn’t sell today because I like their growth prospects wanted to exit around $150.

The company seems solid, especially with its strength in enterprise solutions and cloud infrastructure, even though consumer PC sales have been an ongoing problem. Despite this Dell has been doubling down on AI, data centers, and hybrid cloud, which I believe should set them up well for growth in 2025. They also stand to benefit from SMCI’s issues and Nvidia’s Blackwell GPUs pushing demand for their infrastructure. With the growing focus on AI and enterprise tech, it feels like Dell could see steady, long-term growth and break out to that $150 range by Q2 2024.

Thoughts? Should I continue to hold? Or sell during the holiday rally? My portfolio time horizon is short giving I plan to liquidate July 2024 to buy a house.

How are smaller companies in good fields taking such a hit over the last 1-2 years but big companies continue to boom?

I’m no expert but that just seems crazy and so inorganic. I get that the company’s themselves aren’t doing well or might have a bad financial year but down 90% or more in a year or two just doesn’t really make sense to me.

For it to drop like that, it obviously means people are selling but in order for those sales to go through that means people are still buying the stock so somebody still believes in the company.

And like they could have a bad year where revenue is down 25% or more than previous years, so how does that justify a 90% drop? Or maybe they’re running low on cash, and really the only way to raise cash to help their situation is issuing shares, or a reverse split or whatever. If cash on hand is their biggest problem, wouldn’t making the stock price go up help the company and then lead to more growth? Granted cash-on-hand is probably hardly the biggest factors in these drops but just trying to grow my knowledge.

I thought the stock market kinda went hand-in-hand in a sense that when big companies are growing, the little ones also follow, kinda like in 2020-2021, now it seems to be the opposite

I guess is that just the difference between big companies and small ones? When hard times come, the big ones are able to adjust and recover and the smaller ones just get destroyed?

And to finish it off, how do you tell the difference between companies that have no hope and will most likely be bankrupt soon, versus those that will most likely make a comeback and recover from being down 90% or more. I feel like it could be a great time to put a little bit of money in these smaller companies but don’t really know how to tell if they’re gonna last or not

Mods, please don’t remove. I took out the example companies I listed. I’m just trying to gain knowledge and here some expert answers

Overview

Energy Fuels, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands such as ilmenite, rutile, zircon, and monazite.

Explanation of Element and Mineral Importance

Uranium – This is the fuel for nuclear reactors. Please see my post on Uranium if you want to understand the significance of it, and why Energy Fuels will massively benefit from it. Link Here - https://www.reddit.com/r/wallstreetbets/comments/1g51fj0/get_in_on_uranium_now/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Vanadium is a key component in vanadium redox flow batteries (VRFBs), which are used for energy storage systems. Due to shifts toward renewable energy sources, the demand for efficient, large-scale energy storage is increasing. VRFBs are particularly suited for grid storage due to their scalability, long lifespan, and ability to discharge over a long period, making vanadium an essential material for the emerging clean energy economy. This shift represents a significant growth driver for the vanadium market as energy storage technologies become increasingly vital.

https://preview.redd.it/8jf3r5ebv93e1.png?width=809&format=png&auto=webp&s=b9db23e3e0e6bc655f2972abc967ae3283ac808e

SWOT on VRFBs (Guidehouse Insights)

The nuclear energy sector represents a significant opportunity for vanadium products. Vanadium alloys are highly valuable due to their low neutron-absorption characteristics and high temperature and corrosion resistance. These properties make vanadium-based alloys ideal for use in nuclear reactors, particularly in the construction of pressure vessels and structural components. The ability of vanadium alloys to withstand the harsh operating environments inside a nuclear reactor without significant degradation, extends the service life of these components, enhancing the overall safety and efficiency of nuclear power plants.

Vanadium is also used in the aerospace industry and plays a huge role in the steel industry as well, due to its ability to enhance the strength and durability of steel.

Rare Earth Elements (REE’s)

NdPr – A combination of two rare earth elements: Neodymium (Nd) and Praseodymium (Pr). These elements are both crucial in the production of high-strength permanent magnets. Their powerful magnetic properties are essential in: Electric vehicles, wind turbines, consumer electronics, and defense technologies. Energy Fuels is one of the few US companies able to commercialize the production of separated NdPr.

https://preview.redd.it/9xjpqjecv93e1.png?width=975&format=png&auto=webp&s=446f31e52881e350d4fbe7729ebe8b10f9b45593

Growth Projection for REEs in Energy Transition (Source: Adamas Intelligence)

NdFeB Magnets and Why They Are Important

Neodymium-Iron-Boron Magnets are a type of permanent magnet. They are the strongest commercially available magnet offering high magnetic strength while being lightweight and compact. With the energy transition going on, demand for these magnets is increasing significantly YoY.

https://preview.redd.it/mdzrojhdv93e1.png?width=975&format=png&auto=webp&s=d175283f0b61f2a74352f03375ef34b359131e5d

Demand for NdFeB Magnets Worldwide From 2018-2022

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NdFeB Magnet Content

As we can see in the chart, NdPr accounts for about a third of NdFeB magnets composition.

Heavy Mineral Sands

Ilmenite – Mined and processed to produce titanium oxide (TiO2). TiO2 is used in paints, coatings, and plastics which allows UUUU to diversify their revenue further into industrial areas.

Zircon – Used for manufacturing ceramics, refractory materials, and foundry molds. Also used in the medical industry for things like dental and orthopedic implants, and for PET imaging which is used for cancer diagnostics.

Rutile – Similar to ilmenite, rutile has a superior quality of titanium content making it more valuable.

Monazite – A rare mineral that contains rare-earth elements and uranium. Used as a feedstock by Energy Fuels in their processing endeavors. NdPr is extracted from Monazite as well as the minerals mentioned above.

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White Mesa Mill

·         100% owned by Energy Fuels, is the only facility in the USA able to process Monazite to produce REE’s.

·         The only fully licensed and operating conventional uranium mill in the US.

·         Completed “Phase 1” REE facility with up to 1,000 tonnes of separated NdPr production capacity.

·         Largest producer of Vanadium in the US. (Production on standby currently due to low prices, strong inventory on hand.

Price History

YTD Return -3.20%.

1 Year Return -17.63.

5 Year Return +244.55%

Since 2007 -96.15%

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Average revenue growth for the last 3 years has been 196%.

The negative EBITDA is not something to worry about. Mining sites are not easy to develop and require a lot of funding. Although, once these mines are up and running, heavy mineral sands mining is low cost. They are continuing to focus on creating revenue generating assets. The company has essentially zero debt and very few liabilities, with assets that doubled from 2020 to 2023. In the next year, I believe we will see positive EBITDA due to mines becoming operational, instead of sitting idle.

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Q3 2024 Highlights

·         Very good balance sheet with over $180 million of liquidity and no debt.

·         Uranium prices continue to drive revenue. Sold 50,000 pounds of U3O8 at spot price of $80. Proceeds totaling $4 million, gross profit margin of 54%.

·         New long-term uranium contract. Expected delivery of 270,000-330,000 pounds between 2026 and 2027.

·         Produced 38 tonnes of separated NdPr at White Mesa Mill.

·         NdPr produced at White Mesa is currently being qualified with permanent magnet manufactures and other potential customers, setting the stage for growth.

·         Strong uranium inventory consisting of 235,000 pounds finished U3O8. 805,000 pounds of U3O8 in ore and raw materials. Expects inventory to continue increasing due to mining operations.

·         A large vanadium inventory of 905,000 pounds finished V2O5.

Acquisition of RadTran LLC

On August 19^(th), 2024, Energy Fuels announced it acquired RadTran, a private company specializing in the separation of critical radioisotopes. Since 2021, Energy Fuels and RadTran have been working together to evaluate the feasibility of recovering radium-226 and radium-228 from uranium processing at White Mesa Mill. These recovered isotopes would be made available to the pharmaceutical industry and others to enable the production of acintium-225 and lead-212. These isotopes are critical components in the development of targeted alpha therapies which offer promising new treatments for various cancers. There is currently a global shortage of Ra-226 and Ra-228, therefore limiting the supply of Ac-225 and Pb-212. This is a huge acquisition for Energy Fuels as medical isotopes possess immense demand.

Acquisition of Base Resources

On October 2^(nd), 2024, Energy Fuels announced the completion of its acquisition of Base Resources. This is expected to transform the company into a global leader in critical mineral production, including titanium, zirconium, REEs, and uranium. This is huge for the company as they brought in world class management and operations capability while gaining ownership over the Toliara Project in Madagascar. This is widely considered by industry experts to be one of the best HMS (heavy mineral sands) projects in the world.

Conclusion

I think this is a company with massive potential to be a large player in the supply chain for Vanadium and REEs. With a stockpile of 905,000 pounds of V2O5, they are easily able to capitalize on growing demand. They are also in a great position to capitalize on the growing domestic market for uranium, as we continuously rely less on foreign nations. With 235,000 pounds of inventory on hand and a production capability of 1.1-1.4 million pounds of U3O8 per year, the company will be able to profit from further spot sales and long-term contracts. With strategic acquisitions of Base Resources and RadTran, the company clearly demonstrates commitment to growth and innovation. At a current price of $6.90, I believe within 2 years this company will triple in price to around $20.