Energy Fuels Stock Surges 15.6% Amid Trump's "Project Vault" Plans
ByAinvest
Thursday, Feb 5, 2026 12:59 am ET1min read
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Energy Fuels stock rose 15.6% after President Trump announced "Project Vault," a $11.7 billion effort to stockpile rare-earth metals, including uranium. The company is a leading US producer of natural uranium concentrate and may benefit from government spending on uranium stockpiling. However, the stock has a high price-to-earnings ratio and has lost nearly $100 million over the last 12 months.
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