Sprott Uranium Miners ETF (URNM US) $US44.03

Overnight, we saw the US-traded Sprott Uranium Miners ETF rally another +3.7%, this ETF’s largest holding is currently Cameco (CCJ US) at 16.6%, while it also holds 4.6% in Paladin (PDN) and a 4.4% position in Boss Energy (BOE). At MM we are bullish on the whole space, for subscribers who prefer investing locally, the ASX listed BetaShares Uranium ETF (URNM) is an excellent alternative, it has very similar exposure in both PDN and BOE.

• We can see the URNM testing/breaking the $US50 area into Christmas, another 15% higher.