Fourth Sail Capital LP purchased a new position in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 582,712 shares of the company's stock, valued at approximately $1,428,000. Uranium Royalty comprises about 0.4% of Fourth Sail Capital LP's portfolio, making the stock its 23rd largest position. Fourth Sail Capital LP owned approximately 0.48% of Uranium Royalty at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bayshore Asset Management LLC purchased a new stake in shares of Uranium Royalty during the 3rd quarter worth approximately $147,000. AE Wealth Management LLC acquired a new position in Uranium Royalty during the second quarter valued at $36,000. Rathbones Group PLC bought a new position in shares of Uranium Royalty in the second quarter worth about $57,000. Acuitas Investments LLC bought a new position in shares of Uranium Royalty during the second quarter valued at $2,120,000. Finally, Virtu Financial LLC bought a new stake in shares of Uranium Royalty during the 1st quarter valued at $110,000. 24.19% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
UROY has been the subject of several research analyst reports. HC Wainwright restated a "buy" rating and set a $7.70 price objective on shares of Uranium Royalty in a research report on Tuesday, September 17th. B. Riley initiated coverage on shares of Uranium Royalty in a research note on Monday, October 7th. They set a "buy" rating and a $3.50 target price on the stock.
View Our Latest Analysis on UROY
Uranium Royalty Stock Performance
Shares of UROY stock traded up $0.15 during trading hours on Monday, reaching $2.71. The company had a trading volume of 3,289,695 shares, compared to its average volume of 1,553,881. The company has a market capitalization of $337.23 million, a P/E ratio of 45.17 and a beta of 1.19. The stock's fifty day simple moving average is $2.60 and its 200 day simple moving average is $2.45. Uranium Royalty Corp. has a twelve month low of $1.86 and a twelve month high of $3.76.
Uranium Royalty (NASDAQ:UROY - Get Free Report) last released its quarterly earnings results on Thursday, September 12th. The company reported ($0.01) EPS for the quarter. As a group, equities analysts expect that Uranium Royalty Corp. will post 0.03 earnings per share for the current year.
Uranium Royalty Profile
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Free Report)
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.
Further Reading
![Institutional Ownership by Quarter for Uranium Royalty (NASDAQ:UROY)](https://www.marketbeat.com/scripts/SECFilingChart.ashx?Prefix=NASDAQ&Symbol=UROY)
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