Energy Fuels (UUUU) Climbs 14% as Winter Chill Ignites Demand

We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Energy Fuels Inc. (NYSEAmerican:UUUU) was one of the top performers last week.

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 uranium and nuclear sectors are poised for an expansion this year, thanks to the US government’s commitment to a nuclear renaissance, where more projects are expected to be developed in support of the growing demand from the artificial intelligence and manufacturing sectors.

The policy direction followed President Donald Trump’s executive order early last year aimed at accelerating nuclear development to support national security.

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Disclosure: None. This article is originally published at Insider Monkey.