URNM.AX is trading at A$10.73, down -4.88%, as uranium-miner equities retreat after a powerful August rebound.

  • Uranium fell to US$89.85/lb on August 28.
  • U.S.-listed URNM closed 7.19% lower.
  • Broader risk-off sentiment and a discount in the Sprott Physical Uranium Trust likely weakened flows into uranium equities.