$Nova Minerals(NVA.US) fell about nine points, a very noticeable drop; $Energy Fuels(UUUU.US) fell about four points, and $Lightbridge(LTBR.US) dipped slightly — uranium and small metal mining stocks weakened together. Uranium prices have been grinding recently, with long-term demand narratives for nuclear fuel supporting valuations, but there's no new short-term catalyst, so small-cap mining stocks are the first to be $Nova Minerals(NVA.US) on. These high-beta small-cap resource stocks often see their declines amplified when overall market risk appetite contracts 😔
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