With the conflict in Ukraine pushing Western nations to divert their supply of oil and natural gas from Russia combined with the world looking to reduce its carbon emissions, the topic of uranium mining has been gaining support. With demand and support growing, the Global X Uranium ETF (URA) could be in a good spot to make a comeback with uranium.
ETF Newz Says:
URA holds 49 companies all related to uranium mining and the production of nuclear components with $2.2 billion under management to date.