Shares of Sprott Physical Uranium Trust Fund (OTCMKTS:SRUUF – Get Free Report) rose 2% during mid-day trading on Friday . The stock traded as high as $20.00 and last traded at $19.86. Approximately 647,345 shares were traded during mid-day trading, an increase of 25% from the average daily volume of 518,480 shares. The stock had previously closed at $19.4682.
Sprott Physical Uranium Trust Fund Trading Up 2.0%
The business has a fifty day moving average of $18.53 and a 200 day moving average of $18.04.
About Sprott Physical Uranium Trust Fund
Sprott Physical Uranium Trust Fund (OTCMKTS: SRUUF) is a closed-end investment trust designed to provide investors with direct exposure to the price of physical uranium. The Trust acquires and holds U3O8 (uranium concentrate) in secure, licensed storage facilities located in North America. By investing solely in physical uranium, SRUUF aims to offer a pure play on uranium market dynamics without the complexities associated with mining operations or commodity futures contracts.
Launched in July 2021 by Sprott Asset Management LP, a division of Sprott Inc, the Trust was established in response to growing investor interest in nuclear energy and anticipated supply deficits in global uranium markets.
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