URNM.AX is trading at A$9.61, up 4.23%, as uranium-stock gains followed Uranium Energy Corp’s sharply higher fourth-quarter production and lower unit costs.

  • Cameco also advanced, supporting the ETF’s largest holdings.
  • A new Google–Constellation agreement to fund reactor upgrades and purchase nuclear power added a broader nuclear-sector tailwind.
  • Uranium was reported at US$89.85/lb on October 6, but that modest daily rise alone does not clearly explain the ETF’s move.