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Sprott Funds Trust - Sprott Junior Uranium Miners ETF Stock Price

NasdaqGM:URNJ Community·US$411.0m Market Cap
  • 0 Narratives written by author
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  • 1 Fair Values set on narratives written by author

URNJ Share Price Performance

US$27.68
11.87 (75.08%)
US$27.68
11.87 (75.08%)
Price US$27.68

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Snowflake Analysis

Unattractive dividend payer with weak fundamentals.

0 Risks
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Sprott Funds Trust - Sprott Junior Uranium Miners ETF Key Details

US$0

Revenue

US$0

Cost of Revenue

US$0

Gross Profit

US$0

Other Expenses

US$0

Earnings

Last Reported Earnings
n/a
Next Reporting Earnings
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0%
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About URNJ

Founded
2023
Employees
n/a
CEO
n/a
WebsiteView website
www.sprottetfs.com/urnj-sprott-junior-uranium-miners-etf/

Sprott Funds Trust - Sprott Junior Uranium Miners ETF is an exchange traded fund launched and managed by Sprott Asset Management USA Inc. The fund is co-managed by ALPS Advisors, Inc. The fund invests in public equity markets of global region. It invests in stocks of companies operating across mining, exploration, development, and production, supplying of uranium sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the Nasdaq Sprott Junior Uranium Miners Index, by using full replication technique. Sprott Funds Trust - Sprott Junior Uranium Miners ETF was formed on February 1, 2023 and is domiciled in the United States.

Recent URNJ News & Updates

Seeking Alpha Apr 30

URNJ: Favorable Risk-Reward, With Good Long-Term Prospects

Summary I initiate coverage on Sprott Junior Uranium Miners ETF (URNJ) with a buy, citing strong structural tailwinds for uranium, uranium miners, and favorable technicals. URNJ offers high-beta exposure to a global basket of junior uranium miners, benefiting from rising uranium prices and increased exploration incentives. The ETF provides diversification benefits, potential upside from USD weakness, and is currently trading near technical support while still trading above its 200DMA. Investors should note URNJ's high volatility, tracking error, and that its distributions are driven by PFIC gains rather than sustainable cash flows. Read the full article on Seeking Alpha
Seeking Alpha Dec 20

URNJ: A Great Value Opportunity

Summary The Sprott Junior Uranium Miners ETF (URNJ) has underperformed due to a drop in the uranium spot price, together with a weak sentiment for small-cap and commodity sectors. Despite recent weakness, long-term uranium contract prices remain strong, with contracts featuring high floors and ceilings, indicating robust market conditions. The nuclear industry is seeing positive developments, with major tech companies like Microsoft, Amazon, and Google investing in nuclear energy to decarbonize. The uranium market is in a primary deficit, and production delays persist. Nuclear energy's resurgence suggests potential long-term growth for uranium stocks. Read the full article on Seeking Alpha

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