The uranium sector appears to be stirring. The spot price of uranium has been inching up a bit over last 2 weeks.
The uranium ETF (exchange traded fund) offers exposure to a basket of uranium companies.
The component stocks of Global X Uranium ETF are:
| Top 10 Holdings (79.6% of Total Assets) | |
|---|
| Company | Symbol | % Assets |
|---|
| Cameco Corp | CCJ.TO | 19.57 |
| PALADIN FPO | PDN.AX | 13.36 |
| URANIUM ONE INC. | UUU.TO | 9.72 |
| Uranium Energy Corp. Common Sto | UEC | 6.14 |
| Ur-Energy Inc. | URG.TO | 5.93 |
| ROCKGATE CAPITAL CORP | RGT.TO | 5.79 |
| UEX CORP | UEX.TO | 5.10 |
| Uranerz Energy Corporation Comm | URZ | 4.88 |
| Azimuth Resources Limited | AZMUF.AX | 4.59 |
| Denison Mines Corporation | DNN.TO | 4.52 |
|
Spot price of uranium
Yahoo finance link for Global X Uranium ETF (
Link)
Update:
URA had a reverse stock split of 1 for 3 shares on 15 May 2013.
One year chart
would be good to actually see a Uranium ETF that buy the underlying(Uranium) instead of investing in companies that produce Uranium. This is the same concept as investing in GLD directly vs investing in Gold miner companies
ReplyDeleteIf you want a more direct exposure to the price of uranium itself, you may want to take a look at Uranium Participation Corp (http://finance.yahoo.com/q?s=URPTF&ql=0).
ReplyDeleteIt is Canadian company that trades uranium, not a miner.
Some titbits about uranium from wikipedia:
http://en.wikipedia.org/wiki/Peak_uranium
Thanks for this info. this is very useful as an asset class to hold
ReplyDelete