URNM - ETF AI Analysis

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NorthShore Global Uranium Mining ETF (URNM)

Rating:45Neutral

Price Target:―

The NorthShore Global Uranium Mining ETF (URNM) has a mixed overall rating, reflecting both strengths and challenges within its holdings. Cameco, the largest holding, significantly boosts the ETF’s rating due to its strong financial performance and strategic position in the nuclear sector. However, weaker holdings like Paladin Energy and Deep Yellow Limited, which face financial and profitability challenges, may have held back the fund’s overall score. Investors should also note the ETF’s concentration in uranium mining, which could amplify risks tied to the sector’s volatility.

Positive Factors

Strong Top Holdings

Several of the largest positions, such as Cameco and Uranium Energy, have delivered strong year-to-date performance, driving the fund’s returns.

Global Diversification

The ETF has exposure to multiple countries, including Canada, the U.S., Australia, and the UK, reducing reliance on a single geographic market.

Sector Focus on Energy

The ETF’s heavy allocation to the energy sector aligns with the growing demand for uranium and nuclear energy, a potential long-term growth area.

Negative Factors

High Concentration in Top Holdings

The top two holdings make up over 30% of the portfolio, increasing risk if these companies underperform.

Limited Sector Diversification

The ETF is heavily concentrated in the energy sector, leaving it vulnerable to downturns in this industry.

High Expense Ratio

The fund charges a relatively high expense ratio compared to many other ETFs, which could eat into long-term returns.

URNM vs. SPDR S&P 500 ETF (SPY)

AUM1.77B

RegionGlobal

Expense Ratio0.75%

Beta1.33

IssuerSprott

Inception DateDec 03, 2019

Dividend Yield3.08%

Asset ClassEquity

Index TrackedNorth Shore Global Uranium Mining Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume595,859

30 Day Avg. Volume747,690

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

67.66

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering30

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

URNM Summary

The NorthShore Global Uranium Mining ETF (URNM) focuses on companies involved in uranium mining, exploration, and production, which are essential for nuclear energy. This ETF tracks the North Shore Global Uranium Mining Index and includes well-known companies like Cameco and Uranium Energy. It’s a great option for investors interested in the growing demand for clean energy, as nuclear power is a reliable, low-carbon energy source. However, since it’s heavily tied to the uranium and nuclear energy sector, its performance can be volatile and influenced by changes in energy policies or uranium prices.

How much will it cost me?The NorthShore Global Uranium Mining ETF (URNM) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed and focuses on a specialized sector like uranium mining, which requires more research and management effort.

What would affect this ETF?The NorthShore Global Uranium Mining ETF (URNM) could benefit from the growing global demand for nuclear energy as countries seek cleaner, low-carbon power solutions, which may drive up uranium prices and boost the performance of its top holdings like Cameco and Uranium Energy. However, the ETF could face challenges from regulatory changes, geopolitical tensions affecting uranium supply chains, or a shift in energy policies favoring alternative renewable sources over nuclear power.

URNM Top 10 Holdings

The NorthShore Global Uranium Mining ETF (URNM) is riding the wave of renewed interest in nuclear energy, with Cameco leading the charge thanks to its strong financial footing and strategic partnerships. Uranium Energy is also rising steadily, bolstered by strategic advancements, though valuation concerns linger. On the flip side, Deep Yellow Limited is lagging, weighed down by profitability and cash flow challenges. The fund is heavily concentrated in the energy sector, with a global mix of uranium producers, making it a focused play on the growing demand for cleaner, reliable energy solutions.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
CCO	Cameco	20.87%	$353.06M	C$54.09B	74.29%	71 Outperform
	―	13.64%	$230.77M	―	―	―
UEC	Uranium Energy	12.83%	$217.02M	$5.99B	73.33%	54 Neutral
KAP	National Atomic Company Kazatomprom JSC GDR RegS	6.84%	$115.77M	$13.28B	39.98%	―
PDN	Paladin Energy Ltd	5.25%	$88.74M	C$3.74B	27.27%	45 Neutral
DYL	Deep Yellow Limited	5.15%	$87.15M	AU$1.75B	75.71%	49 Neutral
DML	Denison Mines	4.97%	$84.15M	C$3.41B	42.05%	47 Neutral
NXE	NexGen Energy	4.83%	$81.64M	C$8.24B	30.71%	53 Neutral
UUUU	Energy Fuels	4.80%	$81.24M	$3.58B	182.06%	54 Neutral
YCA	Yellow Cake plc	4.30%	$72.74M	£1.37B	18.98%	―

URNM Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

55.69

Positive

100DMA

53.77

Positive

200DMA

46.01

Positive

Market Momentum

MACD

0.04

Negative

RSI

55.05

Neutral

STOCH

52.63

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For URNM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 54.87, equal to the 50-day MA of 55.69, and equal to the 200-day MA of 46.01, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 55.05 is Neutral, neither overbought nor oversold. The STOCH value of 52.63 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for URNM.

URNM Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
URNM	―	―	$1.77B	0.75%	―
IGF	―	―	$8.79B	0.39%	―
BAI	―	―	$7.98B	0.55%	―
ARKK	―	―	$7.57B	0.75%	―
GUNR	―	―	$5.65B	0.46%	―
GRID	―	―	$5.06B	0.56%	―

Performance Comparison

URNM

NorthShore Global Uranium Mining ETF

56.51

17.45

44.67%

IGF

iShares Global Infrastructure ETF

―

BAI

iShares A.I. Innovation and Tech Active ETF

―

ARKK

Ark Innovation Etf

―

GUNR

FlexShares Morningstar Global Upstream Natural Resources Index Fund

―

GRID

First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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