Uranium Royalty Corp. (NASDAQ:UROY) Given Average Recommendation of “Hold” by Brokerages

Uranium Royalty Corp. (NASDAQ:UROY) has been given an average recommendation of “Hold” by the five research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $4.50.

A number of analysts recently issued reports on the stock. Raymond James Financial restated a “market perform” rating on shares of Uranium Royalty in a report on Tuesday, September 23rd. Zacks Research downgraded shares of Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Weiss Ratings restated a “sell (d+)” rating on shares of Uranium Royalty in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded Uranium Royalty from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th.

Uranium Royalty Stock Up 4.3%

Shares of UROY opened at $3.60 on Friday. The stock has a 50 day moving average of $3.91 and a 200 day moving average of $3.29. Uranium Royalty has a 12 month low of $1.43 and a 12 month high of $5.37.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings data on Thursday, December 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $0.03 million during the quarter. Uranium Royalty had a net margin of 1.95% and a negative return on equity of 1.26%. Research analysts predict that Uranium Royalty will post 0.01 earnings per share for the current year.

Institutional Trading of Uranium Royalty

Hedge funds have recently made changes to their positions in the company. Accordant Advisory Group Inc raised its stake in Uranium Royalty by 4.6% in the 2nd quarter. Accordant Advisory Group Inc now owns 2,441,702 shares of the company’s stock valued at $6,104,000 after acquiring an additional 107,216 shares during the period. Vident Advisory LLC boosted its position in Uranium Royalty by 17.8% during the first quarter. Vident Advisory LLC now owns 1,006,121 shares of the company’s stock worth $1,786,000 after purchasing an additional 151,730 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 worth $13,718,000 after purchasing an additional 361,238 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new stake in shares of Uranium Royalty in the first quarter valued at approximately $50,000. Finally, Goldman Sachs Group Inc. raised its position in shares of Uranium Royalty by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 104,243 shares of the company’s stock valued at $183,000 after purchasing an additional 21,118 shares during the period. 24.19% of the stock is currently owned by institutional investors.

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.