URNM News and Press, Exchange Traded Concepts Trust - North Shore Global Uranium Mining ETF From 08/02/23

2023-08-02 14:32:34 ET Summary Despite having "royalty" in its name, only one of Uranium Royalty's assets generates royalty revenue. The main sources of income for the company are the sale of assets and the sale of its own shares, which leads to constant dilution of shareholders. ...

2023-07-19 21:28:53 ET Summary Uranium is proving to be an exception to the struggling commodities market due to its primary use in electricity generation and increasing public support for nuclear energy. The uranium market is in a deficit due to increased demand and a lack of new...

2023-07-10 09:15:35 ET Summary Energy security is of growing importance, and nuclear power can provide large amounts of non-intermittent, low-carbon, baseload electricity production. Uranium mine operations around the globe are not producing enough yellowcake to satisfy demand, dr...

2023-07-10 03:36:00 ET Summary After making a new 2023 high on Monday, the market spent the next three days backing and filling. For the week, it was down 1.2%. We are now in a Golden Cross configuration, with the 50-day above the 200-day. The best performer last week (and the...

2023-06-29 08:00:00 ET Summary Uranium demand can be met from a number of sources, consisting of both primary supply and secondary supply. Miners are under-capitalised, and under-capitalisation generally results in higher prices. With demand for nuclear energy on the rise, we ...

2023-06-26 12:25:00 ET Summary The market took a well-deserved rest last week after hitting a 2023 high on June 15th. The S&P 500 finished Thursday, June 15 at its highest level in 14 months. The index is up 13.3% year to date and is 9.3% below its record-high close on January...

2023-06-04 08:53:51 ET Summary We have over the last few years seen uranium equities and the spot price of uranium trade a bit out of sync with each other. Which means the equities are at this point once more likely to catch up and outperform the spot price, which has been climbin...

2023-05-22 16:33:19 ET Summary The global trend toward clean power and energy security are bullish fundamental backdrops for firms producing uranium. With a somewhat elevated P/E versus the Energy sector and lackluster price trends, I'm a hold on URNM. I outline key price leve...

2023-05-05 09:35:09 ET Summary Sprott Inc. reported Q1 2023 earnings and saw a quarter-over-quarter growth in assets under management of 8%, but adjusted base EBITDA declined by 7%. The positive precious metals price trend has continued in April-May, which means Q2 does so far loo...

2023-04-03 09:30:00 ET Summary Despite recent market turmoil, the price of Uranium (U3O8) has shown significant relative strength. The Uranium sector benefits from geopolitical disruption, short primary and secondary supply, the ending of the carry trade, and the dynamics of the n...