Energy Fuels Plunges 17.93% on $300M Trading Volume Surge Ranks 338th in Market Activity Amid Uranium Selloff

On August 19, 2025, Energy Fuels (NYSE: UUUU) fell 17.93% with a trading volume of $0.30 billion, a 153.29% increase from the previous day, ranking 338th in market activity. The sharp decline coincided with a broad selloff in uranium-related equities as Kazakhstan announced plans to boost production at its Moinkum deposit. The KATKO joint venture, controlled by Orano Mining and Kazatomprom, aims to raise output to 4,000 tonnes annually by 2026, reversing a reduction to 2,100 tonnes between 2017 and 2024. This expansion, driven by a new processing facility at Tortkuduk, signals a return to 2021 production levels amid global uranium price fluctuations.

Market participants attributed the sector-wide decline to broader concerns over an anticipated "AI winter" and its potential impact on energy stocks. Kazatomprom’s improved financial performance—revenue rose to $3.3 billion in 2024—did not offset investor anxiety. Analysts noted the lack of company-specific news driving Energy Fuels’ drop, contrasting with recent price target upgrades for rivals like Denison Mines. Despite uranium prices stabilizing above $73 per pound, the sector’s volatility highlighted lingering supply-demand imbalances and speculative trading pressures.

A strategy of buying the top 500 stocks by daily trading volume and holding for one day yielded a total profit of $2,940 from December 2022 to August 2025, with a maximum drawdown of -$1,960 during the same period. This reflects the market’s high turnover and mixed performance amid fluctuating investor sentiment toward uranium and energy equities.