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Stock impact report

Energy Fuels (UUUU) Climbs 14% as Winter Chill Ignites Demand [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
Energy Fuels Inc. (NYSEAmerican:UUUU) saw its share prices jump by 13.9 percent week-on-week, as investors raised their exposure to energy firms believed to largely benefit from the cold months and the US nuclear renaissance this year. The stock rallied alongside its counterparts as traders placed bets on the sector's “seasonal strength,” with households and businesses expected to ramp up consumption to power their heating appliances during the winter season. The White Mesa Mill—a mine site owned and operated by Energy Fuels Inc. Photo from Energy Fuels website Higher energy demand is expected to indirectly benefit the uranium sector, including Energy Fuels Inc. (NYSEAmerican:UUUU), as nuclear companies would need to expand their uranium fuel consumption to run their plants. In an updated report last month, the US Energy Information Administration said that it projects retail energy price forecasts to pick up amid a colder-than-usual winter season. In the broader front, the Show less Read more
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