Redditors are piling into Energy Fuels for 2022. Energy Fuels Inc. (NYSE:UUUU)
Number of Hedge Fund Holders: 13
Energy Fuels Inc. (NYSE:UUUU) operates as a uranium recovery firm. The stock has surged in the past few weeks after Kazakhstan, the largest producer and seller of uranium, said it would soon be launching a physical uranium fund.Energy Fuels Inc. (NYSE:UUUU) stock has registered gains of more than 200% in the past twelve months and looks to rise further in the coming months as Redditors pile into the stock to ride this rally.
In earnings results for the third quarter, posted in early November, Energy Fuels Inc. (NYSE:UUUU) reported a revenue of $0.7 million, up over 46% year-on-year and smashing analyst expectations by $0.02 million.
Among the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Driehaus Capital is a leading shareholder in Energy Fuels Inc. (NYSE:UUUU) with 2.2 million shares worth more than $15 million.