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

Uranium Royalty Corp. (NASDAQ:UROY) has earned an average recommendation of “Hold” from the five brokerages that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $4.50.

Several analysts have issued reports on the stock. Raymond James Financial reiterated a “market perform” rating on shares of Uranium Royalty in a research note on Tuesday, September 23rd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Uranium Royalty in a report on Wednesday, October 8th. Finally, Zacks Research downgraded Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th.

Institutional Trading of Uranium Royalty

Large investors have recently modified their holdings of the business. Apollon Wealth Management LLC bought a new position in shares of Uranium Royalty in the second quarter worth approximately $25,000. Corient Private Wealth LLC bought a new stake in Uranium Royalty during the second quarter valued at approximately $29,000. Riverwater Partners LLC purchased a new position in Uranium Royalty in the 2nd quarter worth approximately $33,000. Thompson Davis & CO. Inc. bought a new position in shares of Uranium Royalty in the 2nd quarter worth $33,000. Finally, Integrity Alliance LLC. increased its holdings in shares of Uranium Royalty by 36.4% in the 2nd quarter. Integrity Alliance LLC. now owns 15,788 shares of the company’s stock worth $39,000 after buying an additional 4,212 shares during the last quarter. Institutional investors own 24.19% of the company’s stock.

Uranium Royalty Stock Performance

Shares of NASDAQ UROY opened at $4.23 on Tuesday. Uranium Royalty has a 52 week low of $1.43 and a 52 week high of $5.37. The business has a 50-day simple moving average of $3.73 and a two-hundred day simple moving average of $3.48.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings results 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). Uranium Royalty had a negative return on equity of 1.26% and a net margin of 1.95%.The firm had revenue of $0.03 million during the quarter. On average, equities research analysts expect that Uranium Royalty will post 0.01 EPS for the current fiscal year.

Uranium Royalty Company Profile

Uranium Royalty Corp. is a Vancouver-based mineral rights acquisition, royalty and streaming company focused exclusively on the uranium sector. Established in early 2021 and listed on the NASDAQ under the symbol UROY, the company seeks to provide investors with leveraged exposure to uranium prices without direct mining risk. Rather than owning or operating mines, Uranium Royalty acquires long-term royalties and streams on both production and development-stage uranium projects worldwide.

The company’s diversified portfolio encompasses royalty interests across multiple jurisdictions, including Canada, the United States, South America, Central Asia and Australia.