I remain bullish on the Sprott Uranium Miners ETF due to strong industry fundamentals, though I now rate it a buy after a 50+% recent run. URNM and URNJ offer the purest exposure to uranium miners, ETFs like URA and NLR include non-uranium holdings. Recent performance has been relatively good, with URNM up 35% over three years and outperforming uranium spot and contract prices since inception.
Despite the tariff volatility, uranium has been a proverbial rock among the crashing waves. The metal has been exhibiting resilience amid renewed interest from investors backed by solid fundamentals.
Click Image To View Full Size The Oregon Group Report Highlights Strong Uranium Market Fundamentals Amid Geopolitical Tensions
![]() URNM 14 Dec 2023 Paid | Annual | $1.75 Per Share |
![]() URNM 28 Dec 2021 Paid | Other | $2.41 Per Share |
![]() URNM 28 Dec 2020 Paid | Other | $0.55 Per Share |
![]() URNM 14 Dec 2023 Paid | Annual | $1.75 Per Share |
![]() URNM 28 Dec 2021 Paid | Other | $2.41 Per Share |
![]() URNM 28 Dec 2020 Paid | Other | $0.55 Per Share |
CXA Exchange | US Country |
The fund outlined operates as an investment vehicle primarily focused on the uranium sector. It pledges to allocate a minimum of 80% of its total assets towards securities that are indexed based on companies engaged in uranium-related activities. This adherence emphasizes the fund's strategic intent to capitalize on the potential growth and return on investments within the uranium mining and associated industries. The underlying index aims to mirror the performance of entities that invest half or more of their resources into uranium mining, exploration, development, production, or in activities that uphold the uranium mining sector, including the possession of physical uranium or holding uranium royalties. Highlighting its targeted investment approach, the fund is classified as non-diversified, which suggests a concentrated investment strategy that could lead to significant exposure to the uranium industry's market dynamics.
The fund's investment portfolio is centered around two main areas within the uranium sector: