URNM

Sprott Uranium Miners ETF

2026-01-16 03:56 PM

+1.46%

Uranium miners ETF extends multi-day rally on US nuclear investment push

URNM continues its strong run as investors respond to America's $2.7 billion nuclear energy initiative. The Globe and Mail highlighted ETFs positioned to benefit from this federal nuclear push.

Analysis

This marks the fifth consecutive day of gains for URNM, with the ETF rising roughly 8% over the past week. The sustained rally reflects growing investor enthusiasm for uranium exposure following the announced federal nuclear investment. The move outperformed the broader market, which declined slightly, suggesting sector-specific tailwinds rather than general risk appetite.

Sources

ETFs Primed to Benefit From America's $2.7 Billion Nuclear Push - The Globe and Mail

Date: 2026-01-16

Price: $68.96

Type: Sector Wide

Confidence: medium