Monitor Phase Two commencement within 30 days and any financing updates — the company will likely need additional capital to fund the ~6-month Phase Two and subsequent Phase Three buildout before first production. The expedited permitting status is a positive regulatory signal but does not eliminate execution or funding risk for a sub-$100M market cap miner.
Price Chart
Executive Summary
Anfield Energy completed Phase One surface construction at its Velvet-Wood uranium/vanadium project in Utah, including road building, portal construction, and decline rehabilitation. The company remains on schedule to resume production by end of 2026, with Phase Two (dewatering and underground development) starting within 30 days and lasting ~6 months. This is a project milestone for a pre-recovery development-stage miner with no current revenue from operations.
Key Facts
- Phase One surface construction completed at Velvet-Wood uranium/vanadium project in Utah
- Phase Two (dewatering, underground rehabilitation, ore pad construction) expected to start within 30 days and last ~6 months
- Company remains on track to resume production by end of 2026
- Velvet-Wood was the first uranium mine advanced through expedited permitting under the current administration
- Mine last produced in 1984; last Lisbon Valley mines shuttered by 1988
- Phase One included: 4,500 cubic yards topsoil stockpiled, ~3 miles of roads built/improved, 1,500 feet of decline rehabilitated, portal/gates installed, MSHA mine ID activated
Financial Impact
No financial figures provided in filing; company is a pre-recovery development-stage miner with no current production revenue
Risk Factors
- Execution risk on Phase Two and Three timelines and budget
- Need for additional financing — no disclosure of current cash position or funding plan
- Commodity price risk (uranium and vanadium prices)
- Regulatory and permitting risks despite expedited status
- No current revenue from operations — pre-recovery development stage
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001171843-26-003823 |
| Document: f6k_060126.htm | 0001171843-26-003823 |
| Document: 0001171843-26-003823-index-headers.html | 0001171843-26-003823 |
| Document: 0001171843-26-003823-index.html | 0001171843-26-003823 |
| Document: 0001171843-26-003823.txt | 0001171843-26-003823 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 6-K | $3.68 $3.83 | ▲ +4.08% | ▲ +1.95% | $3.44 (−6.52%) |
Sep 10, 2026 22d ago | 6-K | $4.11 $3.74 | ▼ −9.00% | ▼ −8.50% | $3.44 (−16.30%) |
Aug 14, 2026 7w ago | 6-K | $4.23 $4.66 | ▼ −10.17% | ▼ −11.53% | $3.44 (+18.68%) |
Aug 1, 2026 8w ago | Press Release | $3.97 $4.30 | ▲ +8.31% | ▲ +6.29% | $3.44 (−13.35%) |
Jul 30, 2026 9w ago | 6-K | $3.96 $4.11 | ▼ −3.79% | ▼ −0.17% | $3.44 (+13.13%) |
Jul 30, 2026 9w ago | 6-K | $3.96 $4.11 | ▼ −3.79% | ▼ −0.17% | $3.44 (+13.13%) |
Jul 9, 2026 12w ago | 6-K | $4.19 $4.36 | ▲ +4.06% | ▲ +4.19% | $3.44 (−17.90%) |
Jul 7, 2026 12w ago | 6-K | $4.18 $4.53 | ▲ +8.37% | ▲ +7.82% | $3.44 (−17.70%) |
Jun 30, 2026 13w ago | 6-K | $4.37 $4.49 | ▲ +2.75% | ▲ +2.14% | $3.44 (−21.28%) |
Jun 18, 2026 15w ago | 6-K | $5.09 $4.01 | ▼ −21.22% | ▼ −19.55% | $3.44 (−32.42%) |
US Market Status
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