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Stock impact report

Energy Fuels (UUUU) Sheds 8.5% on Profit-Taking After 3-Month High [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
Energy Fuels dropped its share prices by 8.51 percent on Monday to close at $23.33 apiece as investors resorted to profit-taking after soaring to a three-month high and nearly hitting its 52-week record. During the session, Energy Fuels Inc. (NYSEAmerican:UUUU) notably rallied by 5.7 percent to as high as $26.96—or just $0.37 shy of its highest 52-week price of $27.33 on October 15, but later lost its momentum to finish the session in the red as investors took the opportunity to pocket gains. In other news, Energy Fuels Inc. (NYSEAmerican:UUUU) last week acquired Australian Strategic Materials Ltd., (ASM) a leading producer of REE metals and alloys, for $299 million, as it aims to create what it believes will be the “largest, fully integrated REE mine-to-metal and alloy producer” outside of China to bridge supply gap for magnet applications, including automotive, robotic, energy, and defense technologies. “We see an opportunity to deliver an expanded suite of REE products by co Show less Read more
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