If you prefer a broader investment to gain access to uranium mining, there's a new exchange-traded fund available, the Global X Uranium ETF (URA). Launched last November, this ETF tracks the Solactive Global Uranium Index. It has $209 million in net assets allocated to 24 holdings, including 3.2 percent in Uranerz. Since its debut, its price has risen 20 percent.
These are just a few suggestions, as always make sure to complete your own due diligence before buying shares in any company or ETF.
Ian Wyatt, editor of SmallCapInvestor.comDisclosure: none.