Energy Fuels (UUUU) stock jumps 15% in 2026’s first session — what’s behind it and what’s next

Energy Fuels Inc shares jumped 11.8% to $16.26 in New York trading on Friday after opening at $14.66. The stock has traded between $14.72 and $16.44 and had seen about 8.7 million shares change hands by 1:10 p.m. ET.

Energy Fuels’ core operations include the Pinyon Plain high-grade uranium mine and the White Mesa Mill in Utah. It was founded in 1987 and today is “a Colorado-based player in… critical minerals — think uranium, rare earth element processing, vanadium production, and heavy mineral sands operations” finimize.com. The company has been the leading U.S. producer of uranium concentrate for several years investors.energyfuels.com, supplying nuclear utilities for carbon-free power. It owns multiple uranium assets and in 2024-25 ramped up Pinyon Plain to record grades and output investors.energyfuels.com. Energy Fuels also operates the White Mesa Mill – the only conventional uranium mill in the country investors.energyfuels.com. At White Mesa, it processes ore and tailings: converting monazite sands into separated rare-earth oxides and recovering vanadium or medical isotopes when possible. This dual focus makes EF unique among peers.