Uranium Miners ETF (URA) Looking to Resume Higher
The Global X Uranium ETF (URA) is an investment vehicle aimed at tracking a market-cap-weighted index of companies in the uranium mining and nuclear components sector. URA has gained attention due to the resurgence in nuclear energy demand, particularly from tech and AI sectors, with its performance recently showing strong recovery and volatility, reaching near multi-year highs. The ETF includes major players like Cameco Corp, has a market cap of about $3.9 billion, and offers a dividend yield of around 6.07%, with technical indicators suggesting further potential growth.
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