Energy Fuels (UUUU) is Among the Energy Stocks that Gained the Most This Week

The share price of Energy Fuels Inc. (NYSEAMERICAN:UUUU) surged by 10.93% between May 29 and June 5, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.

Energy Fuels (UUUU) is Among the Energy Stocks that Gained the Most This Week

Miners at work in a mine, searching for Uranium and Vanadium.

Energy Fuels Inc. (NYSEAMERICAN:UUUU) is a leading US-based critical minerals company, focused on uranium, rare earth elements, heavy mineral sands, vanadium, and medical isotopes.

Investors reacted positively this week after Energy Fuels Inc. (NYSEAMERICAN:UUUU) disclosed that it had achieved record monthly uranium production at its Pinyon Plain mine in Arizona, with May’s output reaching nearly 260,000 pounds of U3O8. Moreover, the company filed an updated technical report on its Bullfrog project in Utah, significantly increasing previously reported in-ground uranium resources.

These developments are especially significant given a recent executive order by President Trump to reinvigorate the American nuclear sector and quadruple the country’s nuclear energy capacity. The order also calls for an increase in domestic mining and enrichment of uranium, and a reduction in reliance on imports from Russia and China.

While we acknowledge the potential of UUUU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None.