Uranium Energy Corp (UEC) Stock Surges Over 11% Following Record Uranium Production Report from Energy Fuels Inc.

Uranium Energy Corp (UEC) Stock Surges Over 11% Following Record Uranium Production Report from Energy Fuels Inc.

Uranium Energy Corp (NYSE American: UEC) saw its stock jump over 11% on Monday morning, buoyed by bullish sentiment sweeping the uranium sector. The rally followed an impressive production update from Energy Fuels Inc. (NYSE American: UUUU), which reported record-breaking output at its Pinyon Plain Mine in Arizona. Energy Fuels announced that uranium production in May reached 258,745 pounds, surpassing April’s previous record of 151,400 pounds. …