Why Energy Fuels Rocketed Higher Today

From Nasdaq: 2025-06-03 16:49:00

Energy Fuels’ stock (NYSEMKT: UUUU) surged 13.8% as the company reported record uranium production in May and Meta Platforms signed a 20-year nuclear deal with Constellation Energy, boosting future uranium demand.

Energy Fuels achieved record production at its Pinyon Plain mine and increased uranium resources at its Bullfrog Project. The company is advancing permits for new projects in New Mexico and Arizona, bolstered by owning the only operational uranium processing facility in the U.S.

Investors should consider supply and demand dynamics when looking at Energy Fuels, as the company withheld uranium sales to capitalize on future price increases. The Motley Fool’s Stock Advisor team identified 10 top stocks, but Energy Fuels was not among them, highlighting the need for thorough research before investing.



Read more at Nasdaq: Why Energy Fuels Rocketed Higher Today