MMCAP International Inc. SPC Has $57,000 Stock Position in Uranium Royalty Corp. $UROY
MMCAP International Inc. SPC cut its holdings in Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 96.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission.
MMCAP International Inc. SPC cut its holdings in Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 96.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,824 shares of the company's stock after selling 589,887 shares during the period. MMCAP International Inc. SPC's holdings in Uranium Royalty were worth $57,000 at the end of the most recent quarter.
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A number of other hedge funds have also added to or reduced their stakes in UROY. Apollon Wealth Management LLC bought a new stake in Uranium Royalty during the 2nd quarter worth about $25,000. Riverwater Partners LLC bought a new stake in Uranium Royalty during the second quarter worth about $33,000. Private Advisor Group LLC bought a new stake in Uranium Royalty during the first quarter worth about $27,000. Integrity Alliance LLC. boosted its position in Uranium Royalty by 36.4% during the second quarter. Integrity Alliance LLC. now owns 15,788 shares of the company's stock valued at $39,000 after purchasing an additional 4,212 shares during the last quarter. Finally, Brookwood Investment Group LLC acquired a new stake in shares of Uranium Royalty in the 2nd quarter valued at approximately $43,000. Institutional investors own 24.19% of the company's stock.
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Analyst Upgrades and Downgrades
A number of equities analysts have weighed in on UROY shares. Zacks Research raised Uranium Royalty from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 28th. Wall Street Zen raised Uranium Royalty from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Uranium Royalty in a research report on Wednesday, October 8th. Finally, Raymond James Financial reissued a "market perform" rating on shares of Uranium Royalty in a research report on Tuesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $4.50.
View Our Latest Research Report on UROY
Uranium Royalty Trading Up 4.2%
NASDAQ UROY opened at $3.74 on Friday. The company has a 50 day moving average of $3.97 and a 200-day moving average of $2.94. The company has a market cap of $501.58 million, a price-to-earnings ratio of -374.00 and a beta of 1.41. Uranium Royalty Corp. has a 1-year low of $1.43 and a 1-year high of $5.37.
Uranium Royalty (NASDAQ:UROY - Get Free Report) last issued its earnings results on Thursday, September 11th. The company reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. Uranium Royalty had a negative return on equity of 0.56% and a negative net margin of 2.90%.The firm had revenue of $28.90 million for the quarter, compared to the consensus estimate of $9.49 million. On average, equities research analysts forecast that Uranium Royalty Corp. will post 0.01 earnings per share for the current year.
Uranium Royalty Company Profile
(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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