Modifications to the Index Monitored by Sprott Uranium Miners ETF (URNM)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2025
0mins
Source: Globenewswire
Index Modifications: Sprott Asset Management announced changes to the North Shore Global Uranium Mining Index (URNMX), which will now require new securities to have a minimum free-float market capitalization of $125 million and an average daily value traded of $100,000.
Reconstitution and Weighting Changes: The index will shift its reconstitution dates to June and December, implement quarterly rebalances, and adjust security weight caps from 15% to 20%, while removing the minimum weight constraint.
Analyst Views on URNM
Wall Street analysts forecast URNM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for URNM is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 74.380
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Current: 74.380
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
