Connect with us

Hi, what are you looking for?

News

URA: New Entrant In Physical Uranium May Spark Virtuous Price Rally

It has been a few months since I last wrote about the Global X Uranium ETF (NYSEARCA:URA) and nuclear energy in general. So I thought it would be timely to update my thoughts on the sector

URA top 10 holdings

Figure 1 – URA top 10 holdings (globalxetfs.com)

Uranium is trading at a 1-yr high

Figure 2 – Uranium is trading at a 1-yr high (tradingeconomics.com)

In contrast to crude oil, which is trading at 1-yr lows

Figure 3 – In contrast to crude oil, which is trading near 1-year lows (tradingeconomics.com)

SRUFF kickstarted uranium bul market

Figure 4 – SRUFF kickstarted uranium bull market (Author created with data from SRUFF website and tradingeconomics.com)

SRUFF raised more than $2 billion to invest in physical uranium

Figure 5 – SRUFF raised more than $2 billion to invest in physical uranium (Sprott Inc company reports)

URA continues to consolidate within broad range

Figure 6 – URA continues to consolidate sideways; watch for breakout above $24 (Author created with price charts from stockcharts.com)



Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Uncategorized

Indien jou wilt, heef Plinko-online.nl een uitgebreid artikel pennen afgelopen pastoor jouw kunt verkrijgen bij Plinko. Zodra het basketbal waarderen het Plinko-acteerprestatie zijn gelanceerd,...

Uncategorized

Content ¿Hay tragamonedas regalado que hay disponibles alrededor ipad? Referencia general desplazándolo hacia el pelo prestaciones Tragamonedas regalado vs. tragamonedas con manga larga recursos...

Uncategorized

Content Animations, Graphics, and you can Sound effects: new online casino ideal Mention Ancient Egypt OLG.ca are a lotto and you will gambling webpages...

Uncategorized

Content Casinos qua schneller Ausschüttung 2025: Unsrige Topliste Die Auszahlungen boche Verbunden Casinos kollationieren Schlusswort – sichere Auszahlungen in Sekundenschnelle Unser einzig logische Ausschüttung...