Sprott Uranium Miners ETF (URNM) rated Buy on uranium supply deficit and strong project outlook.

The Sprott Uranium Miners ETF (URNM) offers focused exposure to uranium miners and physical uranium, tracking the VettaFi Global Uranium Mining Index. It is rated a Buy due to a persistent uranium contracting deficit, strong long-term uranium pricing, and advancing major projects like Rook I and Phoenix. URNM’s top 10 holdings make up 78.4% of assets, which increases both potential gains if uranium prices rise and risks from sector volatility. The ETF is expected to deliver 15–25% total returns if uranium prices hold firm and utility contracting accelerates.