#6 - Uranium Royalty (NASDAQ:UROY)
Uranium Royalty Corp. (NASDAQ: UROY) offers investors a different way to invest in the growing demand for uranium. Uranium Royalty isn’t a miner and, therefore, doesn’t carry the associated risks. Instead, the company positions itself as “The First and Only Pure Play Uranium Royalty Company.” By this it means that it is the first company with a royalty and streaming business model that is exclusive to the uranium sector.
Uranium Royalty’s portfolio consists of interests in 21 projects throughout the United States and Canada, including several projects in the Athabasca Basin region. Many of its projects are from companies in the exploration and development stage, but the company also collects royalties on three world-class mines that are already permitted and in production. For example, Uranium Royalty has a strategic partnership with Yellow Cake Plc, which has a long-term supply agreement with Kazatomprom, the world’s largest uranium producer.
About Uranium Royalty
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.
Read More - Current Price
- $2.48
- Consensus Rating
- Strong Buy
- Ratings Breakdown
- 2 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $5.60 (125.8% Upside)
