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Why Energy Fuels Stock Is Powering Higher Today


Rebounding from an inauspicious first half of the week, shares of Energy Fuels (NYSEMKT: UUUU) are soaring today. While investors would be right to suspect that the stock's climb has something to do with its nuclear energy business, it turns out that a development regarding the company's rare-earth operations is actually driving shares higher.

As of 12:04 p.m. ET, shares of Energy Fuels are up 8.3%, retreating from their earlier climb of 11.6%.

Image source: Getty Images.

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Source Fool.com

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