Centrus Energy downgraded by ROTH MKM with a new price target
$LEU
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
ROTH MKM downgraded Centrus Energy from Buy to Neutral and set a new price target of $62.00 from $55.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/10/2024 | $55.00 → $62.00 | Buy → Neutral | ROTH MKM |
| 10/13/2023 | $72.00 | Buy | B. Riley Securities |
| 8/8/2022 | $45.00 → $48.00 | Neutral → Buy | ROTH Capital |
| 3/14/2022 | $90.00 → $70.00 | Buy → Hold | Lake Street |
| 3/11/2022 | $50.00 | Buy → Neutral | ROTH Capital |
| 12/21/2021 | $57.00 → $58.00 | Neutral → Buy | Roth Capital |
| 11/15/2021 | $27.00 → $57.00 | Buy → Neutral | Roth Capital |
| 8/13/2021 | $28.00 → $27.00 | Buy | Roth Capital |
The United States is set to invest up to $2.7 billion in domestically-supplied enriched uranium to bolster the supply chain for nuclear reactor fuel and reduce reliance on Russian imports. This initiative follows legislation signed by President Joe Biden in May, which also banned imports of enriched uranium from Russia. Previously, Russia supplied about 24% of the enriched uranium for U.S. reactors, with significant contributions also coming from Germany (12%) and the UK (11%). This reliance on foreign sources posed a strategic risk, particularly given the current geopolitical climate. To address this, the Department of Energy (DOE) has launched an initiative to increase domestic producti
4 - CENTRUS ENERGY CORP (0001065059) (Issuer)
4 - CENTRUS ENERGY CORP (0001065059) (Issuer)
3 - CENTRUS ENERGY CORP (0001065059) (Issuer)
BETHESDA, Md., Oct. 23, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, October 29, 2024, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2024, which ended September 30, 2024, after the close of markets on Monday, October 28. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and
BETHESDA, Md., July 29, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, August 7, 2024, at 8:30 a.m. ET. The Company will release its second quarter earnings report for 2024, which ended June 30, 2024, after the close of markets on Tuesday, August 6. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a we
BETHESDA, Md., April 24, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Wednesday, May 8, 2024, at 8:30 a.m. ET. The Company will release its first quarter earnings report for 2024, which ended March 31, 2024, after the close of markets on Tuesday, May 7. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and a webcast
SC 13D/A - CENTRUS ENERGY CORP (0001065059) (Subject)
SC 13D/A - CENTRUS ENERGY CORP (0001065059) (Subject)
SC 13D/A - CENTRUS ENERGY CORP (0001065059) (Subject)
8-K - CENTRUS ENERGY CORP (0001065059) (Filer)
10-Q - CENTRUS ENERGY CORP (0001065059) (Filer)
8-K - CENTRUS ENERGY CORP (0001065059) (Filer)
ROTH MKM downgraded Centrus Energy from Buy to Neutral and set a new price target of $62.00 from $55.00 previously
B. Riley Securities initiated coverage of Centrus Energy with a rating of Buy and set a new price target of $72.00
ROTH Capital upgraded Centrus Energy from Neutral to Buy and set a new price target of $48.00 from $45.00 previously
Selected by the U.S. Department of Energy ("DOE") as an awardee for High Assay Low-Enriched Uranium ("HALEU") production and HALEU deconversion contractsSigned $1.1 billion in new contingent commitments to support deployment of Low-Enriched Uranium ("LEU") production, for a total of $2.0 billion year-to-dateNet loss of $5.0 million on $57.7 million in revenue, compared to net income of $8.2 million on $51.3 million in revenue in Q3 2023Consolidated cash balance of $194.3 million as of September 30, 2024BETHESDA, Md., Oct. 28, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) ("Centrus" or the "Company") today reported third quarter 2024 results. The Company reported a net loss of $5.0 mil
BETHESDA, Md., Oct. 23, 2024 /PRNewswire/ -- Centrus Energy Corp. (NYSE:LEU) will broadcast its quarterly conference call with shareholders and the financial community over the Internet on Tuesday, October 29, 2024, at 8:30 a.m. ET. The Company will release its third quarter earnings report for 2024, which ended September 30, 2024, after the close of markets on Monday, October 28. The conference call will be open to listeners who log in through the Company's website, www.centrusenergy.com. A link to the call will be located in the Investor Relations section of the website, and
BETHESDA, Md., Oct. 17, 2024 /PRNewswire/ -- Centrus Energy (NYSE:LEU) announced today that its subsidiary, American Centrifuge Operating, LLC ("ACO"), has won an award from the U.S. Department of Energy aimed at expanding domestic commercial production of High-Assay, Low-Enriched Uranium (HALEU), which is needed to fuel many next-generation nuclear reactor designs currently under development. "This award could facilitate the potential expansion of Centrus' first-of-a-kind HALEU production capacity to help meet the needs of the advanced nuclear industry and the nation," said
BETHESDA, Md., Aug. 7, 2024 /PRNewswire/ -- Today Centrus Energy (NYSE:LEU) announced that its Board of Directors has appointed Stephanie O'Sullivan to the Board. The Board also welcomed the election of Ray Rothrock at its June 20, 2024 annual meeting. "Having served at the highest levels of the U.S. Intelligence Community, Stephanie O'Sullivan has deep experience in national security and a unique understanding of why Centrus' work is so critical to the nation," said Mikel Williams, Chairman of the Board of Directors. "With decades of experience as a venture investor and a b
RESTON, Va. and BETHESDA, Md., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR) and Centrus Energy Corp. ("Centrus") (NYSE:LEU) today announced a contract to conduct a front-end engineering and design (FEED) study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility (LPFFF) at the American Centrifuge Plant in Piketon, Ohio. The FEED study will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF. Centrus' wholly-owned subsidiary, American Centrifuge Operating, LLC, will lead the study, which is expected to be completed in 2024. "Centrus is proud to join forces with Light
Amir Vexler to Succeed Daniel Poneman as CEO in 2024 BETHESDA, Md., Nov. 20, 2023 /PRNewswire/ -- Centrus Energy Corp (NYSE:LEU) announced today that Amir Vexler will succeed Daniel B. Poneman as Chief Executive Officer on January 1, 2024. Mr. Poneman joined Centrus on March 5, 2015, and over the past eight years has overseen the rebuilding of the Company's order book, strengthening the balance sheet, and returning the Company to profitability in 2021. In October, Centrus inaugurated the first new U.S.-owned uranium enrichment plant to begin production in nearly 70 years a