Energy Fuels Inc. (UUUU) saw a 5.71% drop in share prices on Tuesday, closing at $14.21 per share as investors took profits after a previous jump. The company exceeded expectations with robust uranium production in 2025, producing 1.6 million pounds of uranium at its mines in Arizona and Utah.
Energy Fuels plans to continue development at its Pinyon Plain Mine in Arizona and La Sal Complex in Utah, aiming to complete drilling in the Juniper Zone in 2026 to expand mineable resources. Work also continues at its Whirlwind, Energy Queen, and Nichols Ranch Mines for future mining operations.
In the fourth quarter, Energy Fuels targets selling 360,000 pounds of triuranium octoxide, a 50% increase from the previous quarter. The company also secured two new long-term uranium sales contracts with US nuclear power companies, strengthening its position in the market.
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Read more at Yahoo Finance: Energy Fuels (UUUU) Loses 5.7% on Profit-Taking
