Shares of Energy Fuels (UUUU) moved sharply this week after the U.S.-based uranium miner announced it exceeded its previously disclosed 2025 uranium production and sales guidance. The stock jumped during Monday’s session before retreating on Tuesday, as investors reacted to both strong operational results and broader market volatility. Energy Fuels said it expects to sell approximately 360,000 pounds of uranium concentrate, or yellowcake, in the fourth quarter, marking a 50% increase compared with the same period last year. The company projects total Q4 uranium sales revenue of about $27 million, with a weighted average realized price of $74.93 per pound, while uranium futures have been trading above $80 per pound in December.
CEO Mark Chalmers said strong domestic uranium production is essential to U.S. economic and national security, emphasizing Energy Fuels’ role in reviving the country’s uranium mining industry. The company also confirmed it has completed two new long-term uranium sales contracts with U.S. nuclear power producers, which will support deliveries from 2027 through 2032. These agreements use hybrid pricing structures, allowing Energy Fuels to benefit from potential upside in uranium prices by combining escalated base pricing with spot market exposure, subject to price floors and ceilings. Despite the positive news, Energy Fuels shares fell 5.7% on Tuesday to $14.21 after hitting an intraday high of $16 on Monday, when the stock finished the day up 3% at $15.07.
Even after the pullback, Energy Fuels stock remains up 177% in 2025, though it has declined about 48% from its October 15 high of $27.33, the highest level the company has reached since 2011. The broader uranium and nuclear sector has also seen significant movement, with miners and fuel suppliers such as Centrus Energy, Cameco, and Uranium Energy experiencing volatility alongside nuclear-focused companies including Constellation Energy, Vistra, and BWX Technologies, as renewed political support for nuclear power and rising demand from AI-driven data centers continue to reshape the outlook for uranium mining and nuclear energy in the United States.
