Energy Fuels shares rise on jump in uranium output in May
ReutersJun 3, 2025 10:52 AM
Shares of miner Energy Fuels UUUU.A rise 2.7% to $5 in premarket trading
Company's Pinyon Plain mine in Arizona produced nearly 260,000 pounds of U(3)O(8) in May, representing a 71% increase from last month
UUUU add that it is advancing permits on important uranium pipeline projects - Roca Honda project in New Mexico and EZ Complex in Arizona
"Energy Fuels is pursuing an aggressive plan to quickly increase short-term U.S. uranium supply in support of near-term profitability and advancing key components of President Trump's Nuclear Energy, Energy Dominance, and Critical Mineral agendas," - CEO Mark Chalmers
Up till last close, stock down 5.1% YTD
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