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Uranium Royalty (TSE:URC) Stock Price Up 7.2% - Should You Buy?

Uranium Royalty logo with Energy background

Uranium Royalty Corp. (TSE:URC - Get Free Report)'s stock price traded up 7.2% during mid-day trading on Friday . The company traded as high as C$3.53 and last traded at C$3.43. 101,121 shares traded hands during trading, a decline of 37% from the average session volume of 160,273 shares. The stock had previously closed at C$3.20.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on URC. B. Riley upgraded Uranium Royalty to a "strong-buy" rating in a research note on Sunday, October 6th. Canaccord Genuity Group decreased their price target on shares of Uranium Royalty from C$6.75 to C$6.50 and set a "speculative buy" rating on the stock in a research note on Tuesday, September 24th.

View Our Latest Analysis on URC

Uranium Royalty Stock Performance

The firm's fifty day moving average price is C$3.44 and its 200 day moving average price is C$3.31. The firm has a market cap of C$410.67 million, a P/E ratio of 48.29 and a beta of 1.69.

About Uranium Royalty

(Get Free Report)

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.

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