10 Best Metal Stocks to Buy Right Now

5. Energy Fuels Inc. (NYSE:UUUU)

Number of Hedge Fund Holders: 38

Energy Fuels Inc. (NYSE:UUUU) is one of the best metal stocks to buy right now. On December 29, the company confirmed it exceeded its disclosed guidance for finished uranium production, mined uranium ore production, and uranium concentrate sales in 2025.

The milestone underscores a ramp-up of uranium mines and production facilities, allowing the company to affirm its dominance as a uranium producer. It has also advanced its position as a leading producer of rare earth elements and other critical materials. The company mined 1.6 million pounds of uranium last year, exceeding guidance by 11%. It is currently mining at a rate of 2 million pounds of recoverable ore per year.

“These 2025 uranium metrics reinforce our reputation as not only the country’s lowest-cost and largest uranium producer, but as a company that delivers on its promises,” said Energy Fuels’ CEO Mark S. Chalmers. “Nuclear energy powered by uranium is among the cleanest, least expensive, and most reliable ways to supply our nation’s growing energy and electricity needs. Strong uranium production is critical to America’s economic and national security, and Energy Fuels is proud to lead the comeback of this critical domestic industry.

The significant ramp in uranium production came on the heels of Texas Capital Securities initiating coverage of the stock with a Buy rating and a $20 price target. The positive stance affirms the research firm’s confidence about the company’s prospects as it advances its portfolio of upstream uranium mines with production potential of about 6 million pounds of uranium oxide per year.

Energy Fuels Inc. (NYSE:UUUU) is a leading U.S. critical mineral company that primarily produces uranium for nuclear energy, but also extracts rare earths, vanadium, titanium, and zircon from its Utah-based White Mesa Mill and mines.