Movement Alert|Energy Fuels Rises 9.35% in Regular Trading, Uranium Production on Track to Meet Full-Year Guidance Ahead of Schedule

Market Focus
Jun 12

On June 11, Energy Fuels rose 9.35% in regular trading, trading at $14.92/share, with turnover of $81.97 million. The rebound follows several sessions of sharp declines earlier in the month.

On the news front, Energy Fuels announced it expects finished uranium production at its White Mesa Mill to reach approximately 1.6 million pounds by June 30, which would already place output within its full-year guidance range of 1.5 million pounds at the lower bound. This operational update signals stronger-than-expected production momentum and helped restore investor confidence after the stock had fallen over 20% in the prior week.

Within the Coal and Consumable Fuels sector, the uranium mining segment saw broad-based strength. Among individual stocks, Uranium Energy Corp rose 10.67%, Centrus Energy rose 6.85%, Denison Mines rose 5.83%, Nexgen Energy rose 4.26%, and Cameco rose 3.67%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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