URNM 10 years bull run aheadUranium is the fuel of the future
URNM has broken out after what seems to be a finished wave 2
price will now run for a nearly decade long bull run as wave 3 imo
Key stats
About Sprott Uranium Miners ETF
Expense ratio
0.75%
Home page
Inception date
Dec 3, 2019
URNM offers access to a basket of global companies involved in mining, exploration, development and production of uranium as well as companies that hold physical uranium, uranium royalties or other non-mining assets. Selected companies must devote 50% of their assets to business operations related to uranium. These companies are identified through industry publications review, sell side research, and fundamental research, as well as meetings with management. Qualified securities are bucketed into two categories and weighted, miners (82.5%) and holders (17.5%). Companies are market cap weighted within their category, with weight caps and floors applied to individual issuers. The Index is reconstituted and rebalanced on a quarterly basis. Prior to April 25, 2022, the fund was reorganized from North Shore Global Uranium Mining ETF to Sprott Uranium Miners ETF, while retaining the same ticker, strategies, and focus.
Classification
What's in the fund
Exposure type
Non-Energy Minerals
Mutual fund
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.