Uranium Royalty Corp. (NASDAQ:UROY) Receives Average Recommendation of “Hold” from Analysts

Uranium Royalty Corp. (NASDAQ:UROY) has been given an average recommendation of “Hold” by the five analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $4.50.

A number of equities research analysts recently weighed in on UROY shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Uranium Royalty in a research note on Wednesday, January 21st. Raymond James Financial reaffirmed a “market perform” rating on shares of Uranium Royalty in a report on Wednesday, January 14th. Finally, Zacks Research cut Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th.

Uranium Royalty Stock Up 5.1%

Uranium Royalty stock opened at $3.95 on Friday. Uranium Royalty has a 1-year low of $1.43 and a 1-year high of $5.52. The firm’s 50 day simple moving average is $4.06 and its 200 day simple moving average is $3.73.

Uranium Royalty (NASDAQ:UROY) last posted its earnings results on Thursday, December 11th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate 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 business had revenue of $0.03 million for the quarter. As a group, 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 bought and sold shares of the company. Banque Cantonale Vaudoise boosted its stake in Uranium Royalty by 153.0% in the fourth quarter. Banque Cantonale Vaudoise now owns 248,026 shares of the company’s stock worth $876,000 after buying an additional 150,000 shares in the last quarter. HighTower Advisors LLC purchased a new stake in shares of Uranium Royalty in the 4th quarter valued at $813,000. Financial Security Advisor Inc. bought a new position in shares of Uranium Royalty during the 4th quarter valued at $46,000. Simcoe Capital LLC purchased a new position in Uranium Royalty in the 4th quarter worth $4,001,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new stake in Uranium Royalty in the fourth quarter worth $159,000. Institutional investors own 24.19% of the company’s stock.

About Uranium Royalty

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.