Energy fuels Stock news
Energy Fuels Inc. (NYSE American: UUUU) shares surged 8.7% on August 31, 2026, following the successful completion of its acquisition of Australian Strategic Materials (ASM). The stock's momentum is supported by uranium prices remaining above $100 per pound and revised analyst estimates projecting a revenue increase of over 100% for fiscal year 2026. This acquisition formally integrates ASM's South Korean metals plant and the Dubbo Project into Energy Fuels' vertically integrated "mine--to--magnet" supply chain, positioning the company as a primary Western producer of rare earth metals and alloys.