HC Wainwright Reduces Earnings Estimates for Uranium Royalty

Uranium Royalty Corp. (NASDAQ:UROY - Free Report) - HC Wainwright dropped their FY2025 EPS estimates for shares of Uranium Royalty in a report released on Thursday, December 19th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.01 per share for the year, down from their previous forecast of $0.02. HC Wainwright currently has a "Buy" rating and a $7.70 price objective on the stock. The consensus estimate for Uranium Royalty's current full-year earnings is $0.03 per share.

Separately, B. Riley initiated coverage on Uranium Royalty in a research report on Monday, October 7th. They set a "buy" rating and a $3.50 target price for the company.

Uranium Royalty Stock Up 0.9 %

NASDAQ UROY traded up $0.02 during trading on Friday, hitting $2.13. 3,097,976 shares of the stock traded hands, compared to its average volume of 1,630,841. Uranium Royalty has a 12-month low of $1.86 and a 12-month high of $3.76. The firm has a 50-day simple moving average of $2.62 and a 200-day simple moving average of $2.42. The company has a market capitalization of $265.06 million, a P/E ratio of 71.02 and a beta of 1.10.

Institutional Investors Weigh In On Uranium Royalty

Large investors have recently added to or reduced their stakes in the stock. AE Wealth Management LLC bought a new stake in Uranium Royalty in the second quarter worth $36,000. National Bank of Canada FI raised its stake in shares of Uranium Royalty by 149.4% in the third quarter. National Bank of Canada FI now owns 18,489 shares of the company's stock valued at $45,000 after acquiring an additional 11,075 shares during the period. Rathbones Group PLC bought a new stake in shares of Uranium Royalty in the 2nd quarter worth about $57,000. Bayshore Asset Management LLC purchased a new position in shares of Uranium Royalty during the 3rd quarter worth about $147,000. Finally, Sanctuary Advisors LLC bought a new position in Uranium Royalty during the 3rd quarter valued at about $233,000. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Company 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.