The uranium market performed admirably in January due to increased demand for nuclear energy amid global energy shortages and soaring energy prices. Sprott recently released a report stating that the uranium market performed well in January, as the spot price of U308 uranium increased to $50.75 per pound from $48.31 last month and uranium mining equities went up by 14.65%.

Spot prices for U308 uranium have gone up by about 104.23% since 2019 and 14.74% in 2022, signifying the market’s continued upward trajectory over the…

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NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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