Uranium Royalty (NASDAQ:UROY) Now Covered by Analysts at National Bank Financial

Stock analysts at National Bank Financial started coverage on shares of Uranium Royalty (NASDAQ:UROY - Get Free Report) in a note issued to investors on Wednesday, MarketBeat Ratings reports. The firm set a "sector perform" rating on the stock. National Bank Financial also issued estimates for Uranium Royalty's FY2025 earnings at $0.04 EPS, FY2026 earnings at ($0.06) EPS, FY2027 earnings at $0.03 EPS and FY2028 earnings at ($0.05) EPS.

Several other equities research analysts also recently weighed in on UROY. Raymond James started coverage on Uranium Royalty in a report on Thursday, February 6th. They issued an "outperform" rating for the company. HC Wainwright reissued a "buy" rating and issued a $7.70 price target on shares of Uranium Royalty in a report on Thursday, December 19th.

Uranium Royalty Stock Performance

UROY traded down $0.12 on Wednesday, hitting $2.21. The company had a trading volume of 2,171,658 shares, compared to its average volume of 2,074,298. The stock has a fifty day moving average price of $2.33 and a 200-day moving average price of $2.40. Uranium Royalty has a 12-month low of $1.86 and a 12-month high of $3.12. The stock has a market capitalization of $295.23 million, a price-to-earnings ratio of 73.69 and a beta of 1.14.

Institutional Investors Weigh In On Uranium Royalty

Institutional investors and hedge funds have recently modified their holdings of the company. Riverwater Partners LLC purchased a new position in Uranium Royalty during the fourth quarter valued at approximately $27,000. Raymond James Financial Inc. purchased a new position in Uranium Royalty during the fourth quarter valued at approximately $30,000. Mountain Lake Investment Management LLC purchased a new position in Uranium Royalty during the fourth quarter valued at approximately $33,000. Brave Asset Management Inc. purchased a new position in Uranium Royalty during the fourth quarter valued at approximately $35,000. Finally, National Bank of Canada FI raised its position in Uranium Royalty by 149.4% during 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 in the last quarter. Institutional investors and hedge funds own 24.19% of the company's stock.

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.