While the rest of the equity market has been stagnating, uranium sector-specific exchange traded funds have rallied on the surging prices of rare earth metals. On Friday, the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) gained 2.5%, North Shore Global Uranium Mining ETF (NYSE: URNM) increased 11.8%, and Global X Uranium ETF (URA) advanced 9.3%. Over the past month, REMX rose 5.1%, URNM gained 37.2%, and URA added 27.8%. The price of raw uranium, or so-called yellowcake, has surged to its highest level since 2014, driven largely by a new investment trust run by Canadian asset manager Sprott, the Financial ... (full story)