(URA) Uranium - Overview
ETF Category: Natural Resources | Exchange: NYSE ARCA (USA) | Market Cap: 7.413m USD | Total Return: 88.1% in 12m
TER: 0.69%
Avg Turnover: 213M
Warnings
Choppy
Tailwinds
No distinct edge detected
The Global X Uranium ETF (URA) provides targeted exposure to the global uranium industry by investing at least 80% of its assets in equity securities, ADRs, and GDRs tracked by its underlying index. This non-diversified fund focuses on companies involved in uranium mining and the production of nuclear components.
The uranium sector operates primarily through long-term supply contracts with utility companies, as nuclear power plants require a consistent fuel supply for baseload electricity generation. Demand in this industry is increasingly driven by global decarbonization goals and the development of Small Modular Reactors (SMRs). To evaluate how these macro trends impact specific holdings, you may find further insights by exploring ValueRay.
- Global uranium spot prices dictate valuation of core mining holdings
- Nuclear energy policy shifts in major economies impact long-term demand
- Kazatomprom and Cameco production levels influence global supply-demand balance
- Geopolitical instability in uranium-producing regions increases supply chain risk
- Expansion of small modular reactor technology drives future growth expectations
Over the past week, the price has changed by -9.51%, over one month by -10.62%, over three months by -2.71% and over the past year by +88.11%.
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