URNM News and Press, Exchange Traded Concepts Trust - North Shore Global Uranium Mining ETF From 11/05/23

2023-11-05 09:19:33 ET Summary Sprott, a Canadian investment company focused on precious metals and uranium, has had lackluster performance this year. The growth in assets under management of the uranium products has offset weaker performance in the precious metals products. T...

2023-10-23 14:42:00 ET Summary For the week, the S&P 500 was down 2.4%. We are now 7.9% below the 2023 high-water mark, set on July 31. The market entered a Golden Cross configuration (a Golden Cross occurs when the 50-day moving average crosses above the 200-day) on February ...

2023-10-03 11:32:41 ET Summary Yellow Cake is an investment vehicle focused on uranium, currently trading at a 12% discount to net asset value. Uranium has performed well in 2023 due to a shift in sentiment towards nuclear energy and a tight spot market. Yellow Cake recently c...

2023-10-03 09:00:28 ET Summary URNM provides exposure to U.S.-listed uranium miners, with a focus on Cameco. Nuclear energy offers cost-effective, reliable, flexible, and scalable baseload power. Unlike renewables, nuclear power is not weather-dependent, ensuring continuous en...

2023-09-27 11:08:18 ET The world is in a climate crisis, and each year that passes, it gets worse – waters are warmer, and temperatures rise every year. Governments are searching for solutions and have ambitious plans to reduce greenhouse gas emissions. But the road ahead is ...

2023-09-26 10:47:42 ET Summary The uranium sector experienced a deep bear market but showed signs of life towards the end of the last decade. The recent surge in the Uranium sector is driven by factors such as COVID-19 supply cuts, commitments to carbon neutrality, growing demand ...

2023-09-25 09:59:08 ET Summary Yellow Cake plc and Sprott Physical Uranium Trust have seen significant gains since my last article in April 2023. Long-term contracted coverage rates in the US have increased, contributing to the recent movement in the spot price. The ongoing ou...

2023-09-25 00:09:00 ET Summary For the week, the S&P 500 was down 2.9%. The best performer last week was Volatility, as investors were willing to pay higher premiums to hedge their downside risk. Transportation and Healthcare stocks held up the best last week, while defens...

2023-09-15 11:13:08 ET Uranium ( NYSEARCA: URNM ) ETF is up about 30% since August, although its relative strength index is at 82.62, reported BTIG on Thursday. Uranium prices have risen to their highest in 12 years. Prices for “yellowcake” — a type of u...

2023-09-11 10:30:00 ET Summary The market is still in the process of digesting its gains and broadening its participation. September is off to a negative start, and history shows that September is the weakest month of the year, on average. Since the recent market peak on July ...