Energy Fuels (UUUU) Falls 15.3% YTD: Should You Buy the Dip?
Energy Fuels(UUUU) ZACKS·2024-07-10 17:06
Image Source: This spike was short-lived and the uranium market has experienced a moderate pullback in the past few months, attributed to profit-taking among traders and slower spot-buying activity among utilities. Uranium prices have been volatile and currently stand at $86 per pound, marking a 5.9% decline since the beginning of this year. Given the recent weakness in Energy Fuels' shares, investors might be tempted to buy the stock. But is this the right time to buy UUUU? Let us find out. Uranium's Deman ...