URNM.AX is trading at A$10.89, up 6.87%, as uranium equities broadly rebound from their recent selloff.

  • Major holdings including Cameco and other miners are participating, suggesting a sector-wide move rather than company-specific strength.
  • Uranium remained supported near US$88.85/lb.
  • Increased contracting activity and expectations of a new contracting cycle improved sentiment toward uranium producers.