Energy Fuels Inc

UUUU remains in a Stage 4 declining regime marked by a decisive support failure and bearish EMA alignment. Price trading below the 9/20/50 EMA band on strong volume signals sellers in control. Medium-term bias stays bearish, and execution favors initiating or adding to short exposure into any rallies toward the EMA zone.

• ↑ASM acquisition bolsters rare‐earths vertical, targeting top Western magnet producer; BMO PT $18
• ↑Q1’26 U3O8 guide 1.1–1.4M lbs; full-year 1.5–2.5M lbs; costs cut to $30–40/lb
• ↓Elevated short interest signals investor doubt and downside pressure