Australian (ASX) Stock Market Forum

URNM - BetaShares Global Uranium ETF

Uranium shares were mostly positive in the US last night, only 1 of the top 10 holdings in URNM was -ve.

UUUU was the standout, up 12% but mainly due to their rare earths news.

Going off my scrappy s/s, looks like another comfortably +ve day for URNM.

ETF's huh, it's like going from open competition to seniors. Rage, rage..
Except for cameco on the US and a working well trade for silex, i moved out of pln and boe to focus on urnm
The Super funds does not need individual stocks drama..
 
Except for cameco on the US and a working well trade for silex, i moved out of pln and boe to focus on urnm
The Super funds does not need individual stocks drama..

Did similar a while ago. Looked like a bad move with this crumbling down to 6 bucks but topped up down there luckily.

This red line looks like trouble but should get through eventually unless there's an accident somewhere.

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What did you make of the Cameco Q2 call mentioning they will need to be buying another 9-10mlb on market this year to presumeably make up for the McArthur River problems?

I guess it depends on what their contracted sale price is compared to their yet to be purchase price.
i was not even aware, thanks for the hint.
so the advantage of ETFs
 
We should see URNM above $10 today, most of the top 8 holdings where slightly green with UUUU the standout - up almost 10%, driven mainly by Its rare earths business.
 
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