HC Wainwright restated their buy rating on shares of Uranium Royalty (NASDAQ:UROY - Free Report) in a research note released on Thursday morning,Benzinga reports. HC Wainwright currently has a $7.70 price objective on the stock.
Separately, B. Riley started coverage on Uranium Royalty in a research note on Monday, October 7th. They issued a "buy" rating and a $3.50 price target for the company.
Read Our Latest Stock Report on UROY
Uranium Royalty Trading Down 0.9 %
UROY traded down $0.02 during trading on Thursday, reaching $2.11. 2,100,441 shares of the company were exchanged, compared to its average volume of 1,624,851. The stock has a market cap of $262.57 million, a P/E ratio of 70.36 and a beta of 1.10. Uranium Royalty has a 52 week low of $1.86 and a 52 week high of $3.76. The firm has a 50 day moving average of $2.63 and a 200 day moving average of $2.42.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Acuitas Investments LLC purchased a new position in Uranium Royalty in the 2nd quarter worth about $2,120,000. Fourth Sail Capital LP bought a new stake in shares of Uranium Royalty in the 3rd quarter valued at approximately $1,428,000. Stifel Financial Corp acquired a new position in Uranium Royalty in the third quarter worth approximately $388,000. XTX Topco Ltd bought a new position in Uranium Royalty during the third quarter valued at approximately $251,000. Finally, Sanctuary Advisors LLC acquired a new stake in Uranium Royalty in the third quarter valued at approximately $233,000. Institutional investors and hedge funds own 24.19% of the company's stock.
Uranium Royalty Company Profile
(
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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.
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