Accordant Advisory Group Inc Invests $624,000 in Uranium Royalty Corp. (NASDAQ:UROY)

Accordant Advisory Group Inc bought a new stake in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 285,077 shares of the company's stock, valued at approximately $624,000. Uranium Royalty accounts for approximately 0.6% of Accordant Advisory Group Inc's investment portfolio, making the stock its 27th largest holding. Accordant Advisory Group Inc owned 0.21% of Uranium Royalty as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. National Bank of Canada FI grew its position in shares of Uranium Royalty by 149.4% in the 3rd quarter. National Bank of Canada FI now owns 18,489 shares of the company's stock valued at $45,000 after purchasing an additional 11,075 shares during the period. Brave Asset Management Inc. acquired a new position in shares of Uranium Royalty in the fourth quarter valued at approximately $35,000. Geneos Wealth Management Inc. acquired a new position in shares of Uranium Royalty in the fourth quarter valued at approximately $43,000. Bayshore Asset Management LLC bought a new stake in shares of Uranium Royalty during the third quarter worth $147,000. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Uranium Royalty during the third quarter worth $233,000. Institutional investors own 24.19% of the company's stock.

Wall Street Analysts Forecast Growth

UROY has been the topic of a number of recent research reports. B. Riley assumed coverage on shares of Uranium Royalty in a report on Monday, October 7th. They issued a "buy" rating and a $3.50 price objective on the stock. HC Wainwright reiterated a "buy" rating and issued a $7.70 price target on shares of Uranium Royalty in a research note on Thursday, December 19th.

Uranium Royalty Stock Performance

Shares of UROY traded down $0.10 during mid-day trading on Friday, reaching $2.38. The company had a trading volume of 1,605,682 shares, compared to its average volume of 1,998,193. The company's 50 day simple moving average is $2.35 and its 200 day simple moving average is $2.40. The company has a market capitalization of $317.94 million, a price-to-earnings ratio of 79.36 and a beta of 1.13. Uranium Royalty Corp. has a 1-year low of $1.86 and a 1-year high of $3.76.

Uranium Royalty Profile

Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and San Rafael projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona.