CCJ - URNJ: Good Industry Developments And The Recent Pullback Offers A Buying Opportunity
2024-07-02 13:12:43 ET
Summary
- URNJ and URNM have both seen an increase in net asset value in 2024, with URNJ benefiting from inflows while URNM has seen minor outflows.
- Despite a decline in spot price in 2024, the contract price of uranium has been increasing this year, benefiting miners.
- Positive developments in the nuclear industry, including government support and increased public sentiment, are expected to benefit uranium miners in the future.
Overview
The Sprott Junior Uranium Miners ETF ( URNJ ) is an ETF that is exclusively invested in uranium miners, and I have covered the ETF a few times over the last couple of years. Those articles can be found here ....
URNJ: Good Industry Developments And The Recent Pullback Offers A Buying Opportunity