Uranium Royalty (TSE:URC) Shares Up 1.6% - Here's What Happened

Uranium Royalty Corp. (TSE:URC - Get Free Report) shares were up 1.6% during mid-day trading on Tuesday . The company traded as high as C$2.64 and last traded at C$2.60. Approximately 110,760 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 192,406 shares. The stock had previously closed at C$2.56.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Raymond James set a C$4.50 price target on shares of Uranium Royalty and gave the stock an "outperform" rating in a report on Friday, February 7th. National Bankshares set a C$4.25 price target on shares of Uranium Royalty and gave the company a "sector perform" rating in a research note on Wednesday, February 12th. Finally, National Bank Financial upgraded shares of Uranium Royalty to a "hold" rating in a report on Tuesday, February 11th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$5.08.

Uranium Royalty Price Performance

The company has a market capitalization of C$309.69 million, a PE ratio of 43.47 and a beta of 1.69. The stock's 50 day simple moving average is C$2.93 and its 200-day simple moving average is C$3.30.

Uranium Royalty Company Profile

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.