Uranium Royalty Corp. (NASDAQ:UROY - Get Free Report) was down 7% during mid-day trading on Friday . The stock traded as low as $1.51 and last traded at $1.60. Approximately 4,229,266 shares were traded during mid-day trading, an increase of 137% from the average daily volume of 1,781,061 shares. The stock had previously closed at $1.72.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Raymond James began coverage on shares of Uranium Royalty in a research report on Thursday, February 6th. They set an "outperform" rating on the stock. HC Wainwright reissued a "buy" rating and issued a $7.70 price objective on shares of Uranium Royalty in a report on Thursday, December 19th. Finally, National Bank Financial started coverage on shares of Uranium Royalty in a report on Wednesday, February 12th. They set a "sector perform" rating on the stock.
Read Our Latest Stock Report on Uranium Royalty
Uranium Royalty Trading Up 8.8 %
The firm has a market cap of $213.68 million, a PE ratio of 52.05 and a beta of 1.21. The business has a fifty day moving average of $1.99 and a 200-day moving average of $2.33.
Uranium Royalty (NASDAQ:UROY - Get Free Report) last issued its quarterly earnings data on Thursday, March 6th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). On average, equities analysts forecast that Uranium Royalty Corp. will post 0.01 EPS for the current year.
Hedge Funds Weigh In On Uranium Royalty
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Stifel Financial Corp purchased a new position in shares of Uranium Royalty in the 3rd quarter worth about $388,000. National Bank of Canada FI raised its stake in shares of Uranium Royalty by 149.4% during the third quarter. National Bank of Canada FI now owns 18,489 shares of the company's stock worth $45,000 after acquiring an additional 11,075 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Uranium Royalty in the 3rd quarter valued at $251,000. Sanctuary Advisors LLC purchased a new stake in shares of Uranium Royalty in the 3rd quarter valued at $233,000. Finally, Brave Asset Management Inc. bought a new position in shares of Uranium Royalty during the 4th quarter valued at $35,000. Hedge funds and other institutional investors own 24.19% of the company's stock.
Uranium Royalty Company Profile
(
Get 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.
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