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Shawn’s Trade Idea: BetaShares Global Uranium ETF (URNM)

Global Uranium stocks tested fresh 2025 highs last week, but our attempt to buy Paladin (PDN) fell short. However, after a 1% dip by the URNM ETF in the US on Friday night, we’re keen to garner exposure to the uranium sector into likely early weakness this week.

  • We believe the risk/reward towards the ASX-traded URNM ETF is attractive into a dip.
Trade Idea: Buy the URNM ETF below $11.30 with stops below $10.50 – for 7% risk.
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BetaShares Global Uranium ETF (URNM)
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