Uranium Royalty Corp. (NASDAQ:UROY) Given Consensus Rating of "Hold" by Brokerages

Uranium Royalty Corp. (NASDAQ:UROY - Get Free Report) has earned a consensus recommendation of "Hold" from the five research firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $4.50.

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A number of research analysts have recently issued reports on UROY shares. Wall Street Zen raised Uranium Royalty from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Zacks Research raised Uranium Royalty from a "hold" rating to a "strong-buy" rating in a report on Tuesday. Weiss Ratings restated a "sell (d+)" rating on shares of Uranium Royalty in a research note on Wednesday, October 8th. Finally, Raymond James Financial restated a "market perform" rating on shares of Uranium Royalty in a research note on Tuesday, September 23rd.

Check Out Our Latest Report on UROY

Uranium Royalty Price Performance

NASDAQ:UROY traded up $0.09 during mid-day trading on Thursday, reaching $4.90. 2,394,157 shares of the company's stock traded hands, compared to its average volume of 3,404,376. Uranium Royalty has a 12-month low of $1.43 and a 12-month high of $5.37. The firm has a market capitalization of $656.47 million, a price-to-earnings ratio of -487.50 and a beta of 1.40. The company has a 50 day moving average price of $3.81 and a 200-day moving average price of $2.83.

Uranium Royalty (NASDAQ:UROY - Get Free Report) last issued its quarterly earnings results on Thursday, September 11th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $28.90 million for the quarter, compared to analysts' expectations of $9.49 million. Uranium Royalty had a negative return on equity of 0.56% and a negative net margin of 2.90%. As a group, analysts forecast that Uranium Royalty will post 0.01 EPS for the current year.

Institutional Trading of Uranium Royalty

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Uranium Royalty by 5.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,590,834 shares of the company's stock valued at $13,718,000 after acquiring an additional 361,238 shares in the last quarter. Alps Advisors Inc. grew its holdings in Uranium Royalty by 9.9% during the 1st quarter. Alps Advisors Inc. now owns 2,991,153 shares of the company's stock valued at $5,264,000 after buying an additional 269,810 shares in the last quarter. Accordant Advisory Group Inc grew its holdings in Uranium Royalty by 0.4% during the 3rd quarter. Accordant Advisory Group Inc now owns 2,450,607 shares of the company's stock valued at $10,538,000 after buying an additional 8,905 shares in the last quarter. Vident Advisory LLC grew its holdings in Uranium Royalty by 47.1% during the 2nd quarter. Vident Advisory LLC now owns 1,480,151 shares of the company's stock valued at $3,700,000 after buying an additional 474,030 shares in the last quarter. Finally, XTX Topco Ltd grew its holdings in Uranium Royalty by 488.0% during the 1st quarter. XTX Topco Ltd now owns 134,515 shares of the company's stock valued at $237,000 after buying an additional 111,638 shares in the last quarter. Hedge funds and other institutional investors 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.

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