|Bid||7.75 x 2200|
|Ask||7.79 x 1000|
|Day's Range||7.38 - 8.04|
|52 Week Range||1.42 - 8.39|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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Energy Fuels (UUUU) closed at $6.44 in the latest trading session, marking a +1.42% move from the prior day.
Shares of uranium mining specialist Energy Fuels (NYSEMKT: UUUU) are down 12% as of 2:15 p.m. EDT Wednesday, and it's not hard to figure out why the stock is struggling. According to the experts at MiningReview.com, uranium prices need to rise to about $60 a pound in order to become profitable enough to "incentivize" uranium miners to increase production. Now, thanks to significant buying by the Sprott Physical Uranium Trust (OTC: SRUU.F), uranium prices nearly doubled between mid-August and mid-September, and seemed to be heading in the general direction of $60.
The uranium miner has notable plans and is starting to show some progress toward its big goals. Here's what you need to know.