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Energy Fuels Shares Drop 9.7% After $500 Million Filing

The uranium producer’s shares reached a 52-week intraday low of $8.36 on Oct. 14.

By Enna Lee
Published
A haul truck stands beside a broad uranium mine pit / TokenPost.ai
A haul truck stands beside a broad uranium mine pit / TokenPost.ai

Energy Fuels (UUUU) shares fell 9.7% on Wednesday, Oct. 14, reaching a 52-week intraday low of $8.36 after the uranium producer filed to expand its stock-sale program by up to $500 million.

Energy Fuels Inc. filed a prospectus supplement to add as much as $500 million in common shares to its at-the-market equity program.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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