Jim Cramer on Energy Fuels: "I Still Would Not Go Against It"

Energy Fuels Inc. (NYSE:UUUU) is one of the stocks Jim Cramer shared his opinions on. Answering a caller’s query about the stock during the lightning round, Cramer commented:

“Okay, I’m going to give you this straight on, on Energy Fuels. Remember what I said about Oklo when it was at 33, I said, I will not go against any uranium or nuclear stock. This one’s at its 52-week high, and I still would not go against it, and I’ve been behind this one a long, long time.”

Energy Fuels Inc. (NYSE:UUUU) explores, develops, and sells uranium properties while also producing vanadium, rare earth elements, and heavy mineral sands, including ilmenite, rutile, zircon, and monazite. On August 21, the company announced that it produced its first kilogram of dysprosium oxide at 99.9% purity at its White Mesa Mill in Utah, surpassing commercial standards and marking the first U.S. disclosure of actual high-purity Dy production volumes. The company plans to continue pilot-scale output at two kilograms per week until 15 kilograms are produced before shifting to terbium oxide, with initial samples expected in Q4 2025.

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Disclosure: None. This article is originally published at Insider Monkey.