Energy Fuels (UUUU) Stock Hit A New 52-Week High Today: What's Going On?

Shares of Energy Fuels Inc UUUU hit a new 52-week high Thursday morning following two significant developments this week, potentially reinforcing its strategic position in the U.S. critical minerals sector.

What To Know: On Thursday, the company announced it is now producing high-purity Dysprosium oxide at its White Mesa Mill, marking the only commercial-scale heavy rare earth production from mined ore in the United States.

Energy Fuels expects to produce its first kilogram of Dy within 30 days, followed by Terbium in October, and potentially reach commercial HREE production by the fourth-quarter of 2026.

On Wednesday, the Department of Energy announced a new program to onshore the U.S. nuclear fuel supply chain, seeking American companies to build and operate new production facilities. The initiative aims to eliminate dependence on foreign uranium and power the nation’s next generation of advanced reactors.

Energy Fuels, with its White Mesa Mill in Utah, the only licensed conventional uranium mill in the U.S., is positioned as a primary candidate. The company’s existing infrastructure and expertise make it an ideal fit for the program’s goals.

The DOE is offering a fast-tracked authorization process to de-risk and attract private investment, which could secure immense long-term value for participants. For investors, this represents a significant government-backed catalyst that validates the company’s strategic importance in the ongoing “nuclear renaissance.”

Price Action: According to data from Benzinga Pro UUUU shares are trading higher by 3.8% to $8.55 Thursday morning. The stock has a 52-week high of $8.76 and a 52-week low of $3.20.

Read Also: Uranium Stocks On 11-Week Tear – Their Longest Winning Streak In History

How To Buy UUUU Stock

By now you’re likely curious about how to participate in the market for Energy Fuels – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Energy Fuels, which is trading at $8.55 as of publishing time, $100 would buy you 11.7 shares of stock.

If you’re looking to bet against a company, the process is more complex. You’ll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Image: Shutterstock