Uranium Royalty (TSE:URC) Stock Price Down 0.6%

Uranium Royalty Corp. (TSE:URC)’s stock price fell 0.6% during trading on Wednesday . The stock traded as low as C$3.21 and last traded at C$3.21. 111,244 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 261,756 shares. The stock had previously closed at C$3.23.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group boosted their price target on shares of Uranium Royalty from C$6.25 to C$6.75 and gave the company a “speculative buy” rating in a report on Monday, February 12th.

Uranium Royalty Stock Performance

The firm has a market cap of C$385.94 million, a P/E ratio of 321.00 and a beta of 1.71. The firm’s fifty day moving average price is C$3.50 and its 200 day moving average price is C$3.79.

Uranium Royalty (TSE:URC) last posted its quarterly earnings results on Friday, March 15th. The company reported C$0.03 EPS for the quarter. Uranium Royalty had a net margin of 11.00% and a return on equity of 2.34%. The business had revenue of C$15.16 million during the quarter.

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.