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0 0.00204494382022474 -0.00674157303370792 -0.00606741573033711 0.00561797752808997 0.00561797752808997 0.00337078651685406 -0.00898876404494383
Stock impact report

UUUU Stock Declines 28% YTD: Buying Opportunity or Red Flag? [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
The Zacks Basic Materials sector has slipped 10.7%, while the S&P 500 has risen 7.8% in the same timeframe. Looking at UUUU peer performances - Centrus Energy LEU has gained 56% year to date, while Cameco CCJ has dipped 15.7%, still faring better than Energy Fuels. Meanwhile, Uranium Energy UEC has underperformed Energy Fuels with a year-to-date decline of 33%. Image Source: Zacks Investment Research The UUUU stock is currently trading below its 200-day and 50-day moving averages, suggesting a bearish trend. Image Source: Zacks Investment Research Given the significant pullback in UUUU shares, investors might be tempted to snap up the stock. But is this the right time? Let us dig deeper to find out. Uranium prices are currently at $64 per pound, the lowest in 18 months and down 11.8% so far this year. Prices have been impacted by adequate supply amid uncertain demand. U.S. President Trump excluded Russia from major reciprocal tariffs, supporting earlier signals of his inte Show less Read more
Impact Snapshot
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