UUUU increasing 11% today. Lets find out what's happening:

Energy Fuels Inc (UUUU) is trading 11% higher at $6.755 today. While it's a mildly bullish day for the Energy sector in general, the stock is rapidly outshining it's peers.

The share price is rising along with other peers in the uranium space today. Some recent news that might have an impact:

-Roth Capital reaffirmed their buy rating for Energy Fuels (NYSEAMERICAN:UUUU)
-Energy Fuels announced their Q2-2022 results, which included a robust balance sheet and leading U.S. uranium market share

Energy Fuels Inc has been trading between a 52-week high of $11.39 and a 52-week low of $4.69. The stock has a market cap of $1.06 Billion.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and expects to commence commercial production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

RhinestoneCowboye - 6 upvotes - source
Germany keeping the nuclear plants going. Maybe opening more. Western uranium going to be at a premium. UUUU to the 🌝 🚀