Uranium Royalty FY2025 EPS Estimate Reduced by HC Wainwright

Uranium Royalty Corp. (NASDAQ:UROY) – Equities research analysts at HC Wainwright reduced their FY2025 earnings estimates for Uranium Royalty in a research note issued on Tuesday, April 22nd. HC Wainwright analyst H. Ihle now expects that the company will earn ($0.01) per share for the year, down from their previous estimate of $0.01. HC Wainwright currently has a “Buy” rating and a $4.50 price target on the stock. The consensus estimate for Uranium Royalty’s current full-year earnings is $0.01 per share.

Several other research analysts have also weighed in on UROY. Raymond James initiated coverage on Uranium Royalty in a research report on Thursday, February 6th. They issued an “outperform” rating on the stock. National Bank Financial started coverage on Uranium Royalty in a report on Wednesday, February 12th. They issued a “sector perform” rating on the stock.

Uranium Royalty Stock Up 5.1 %

NASDAQ:UROY opened at $1.87 on Wednesday. Uranium Royalty has a fifty-two week low of $1.43 and a fifty-two week high of $3.12. The firm’s 50 day moving average is $1.82 and its two-hundred day moving average is $2.26. The company has a market cap of $249.90 million, a P/E ratio of 62.35 and a beta of 1.21.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings data on Thursday, March 6th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01).

Hedge Funds Weigh In On Uranium Royalty

A number of hedge funds have recently made changes to their positions in UROY. CenterBook Partners LP increased its holdings in Uranium Royalty by 890.9% in the 4th quarter. CenterBook Partners LP now owns 3,435,097 shares of the company’s stock valued at $7,523,000 after purchasing an additional 3,088,434 shares in the last quarter. Accordant Advisory Group Inc boosted its position in shares of Uranium Royalty by 718.9% in the first quarter. Accordant Advisory Group Inc now owns 2,334,486 shares of the company’s stock worth $4,109,000 after buying an additional 2,049,409 shares during the period. Millennium Management LLC grew its stake in shares of Uranium Royalty by 3,613.3% in the fourth quarter. Millennium Management LLC now owns 518,784 shares of the company’s stock valued at $1,136,000 after buying an additional 504,813 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Uranium Royalty during the 4th quarter valued at about $1,062,000. Finally, Sprott Inc. lifted its position in Uranium Royalty by 108.2% during the 4th quarter. Sprott Inc. now owns 834,478 shares of the company’s stock worth $1,828,000 after acquiring an additional 433,682 shares in the last quarter. Hedge funds and other institutional investors own 24.19% of the company’s stock.

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.