Global X Uranium Index ETF (TSE:HURA) Trading Up 3.2% – Here’s Why

Global X Uranium Index ETF (TSE:HURA)’s share price shot up 3.2% on Monday . The company traded as high as C$58.81 and last traded at C$58.81. 25,671 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 23,745 shares. The stock had previously closed at C$56.99.

Global X Uranium Index ETF Stock Up 3.2%

The firm’s 50-day simple moving average is C$62.36 and its 200-day simple moving average is C$57.35.

Global X Uranium Index ETF Company Profile

To achieve HURA’s investment objective, HURA invests and holds equity securities of the Constituent Issuers in substantially the same proportion as its Underlying Index. HURA seeks to replicate, to the extent possible, the performance of the Solactive Global Uranium PurePlay Index, net of expenses. The Solactive Global Uranium PurePlay Index is designed to provide exposure to the performance of a basket of issuers which (a) are primarily involved in the uranium mining and exploration industry, or (b) invest and participate directly in the physical price of uranium.