Added to YB: 2024-05-14
Pitch date: 2024-03-31
LEU [bullish]
Centrus Energy Corp.
+450.12%
current return
Author Info
Riverwater Partners is a Milwaukee-based investment advisory firm dedicated to responsible investing. Visit the website.
Company Info
Centrus Energy Corp. supplies nuclear fuel components for the nuclear power industry in the United States, Belgium, Japan, the Netherlands, and internationally.
Market Cap
$4.5B
Pitch Price
$41.58
Price Target
N/A
Dividend
N/A
EV/EBITDA
45.16
P/E
39.82
EV/Sales
8.93
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
Riverwater Micro Opportunities Strategy Portfolio Holding: Centrus Energy Corp.
LEU: Uranium price surge boosted 2023, but stock fell on delayed DOE cylinders & spot price drop. Trimmed at peak, added on dip. 2024 catalysts: DOE HALEU funding decision in March, potential $2B from Congress to cut Russian uranium reliance. LEU's facilities well-suited for low enriched uranium production.
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