Mike PhilbrickSprott Uranium Miners ETFURNMPAST TOP PICKAug 29, 2025

We need nuclear to power the demand of AI data centres. It's pervasive. Now we have the CCO-BAM-US government deal to fast-track nuclear reactors. Likes this long term.

If investors want more of a Canadian wrapper, there's HURA. Kind of a 1-stop shop, as this one holds about 12-15% in the underlying commodity.

Global electricity demand is rising, so nuclear energy will be a vital carbon-free source of energy. Therefore, we'll need more uranium. Also, data centres need a lot of power.

We won't power all these data centres with only wind and solar energy.

URNM is up 9% YTD, and the physical uranium ETF is up 12%. Stocks are always going to have higher volatility than the metal, and it really depends what investors are looking for. We are not 'concerned' here, and in a continued rally we would still expect URNM to outperform.
Unlock Premium - Try 5i Free 

It's a global uranium ETF. It's the cleanest energy out there. She thinks more people will realize it. Buy it at $78 and sell the January 90 calls to gain $6 or 7.5%.