Energy Fuels jumps on meeting annual uranium target by mid-year

Energy Fuels

11/06/2026 12:22

** Shares of miner Energy Fuels UUUU.A up 4.45% at $14.23 premarket
** Co expects to achieve full-year uranium production guidance by mid-year
** Expects ~1.6 million lbs of U(3)O(8) production in H1 2026, already within its full-year guidance range
** Co says cost of sales is expected to continue to drop in 2026
** White Mesa Mill will complete current uranium processing in June and resume operations in Q4 2026, it says
** UUUU says it aims to become a leading non-Chinese rare earth supplier while sustaining strong uranium operations
** As of last close, shares are down 5.85% YTD 

 (Reporting by Varun Sahay)
 ((Varun.sahay@thomsonreuters.com))