URNM

Sprott Uranium Miners ETF

2026-01-16 03:01 PM

+3.73%

Uranium miners ETF extends rally on bullish Bank of America outlook and US nuclear investment

Bank of America projected uranium prices could rise significantly in 2026 and named top nuclear stocks to buy, per Finviz. The Globe and Mail highlighted ETFs positioned to benefit from America's $2.7 billion nuclear push.

Analysis

This continues a strong multi-day rally for URNM, with gains in four of the last five sessions totaling roughly 12%. The combination of a major bank's bullish uranium call and renewed focus on US nuclear investment is driving sector-wide enthusiasm. However, below-average volume (0.7x) suggests this may be momentum-driven retail interest rather than heavy institutional accumulation.

Sources

ETFs Primed to Benefit From America's $2.7 Billion Nuclear Push - The Globe and Mail
Uranium Could Soar 50% In 2026 - Bank Of America Names Top Nuclear Stock To Buy - Finviz

Date: 2026-01-16

Price: $70.45

Type: Sector Wide

Confidence: medium