Uranium Royalty (TSE:URC) Trading 3.5% Higher – What’s Next?

Uranium Royalty Corp. (TSE:URC)’s share price shot up 3.5% on Tuesday . The company traded as high as C$6.00 and last traded at C$5.95. 247,355 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 428,725 shares. The stock had previously closed at C$5.75.

Analyst Ratings Changes

Separately, National Bank Financial lifted their target price on Uranium Royalty from C$5.00 to C$5.50 and gave the stock a “sector perform” rating in a research report on Friday, December 19th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of C$5.25.

Uranium Royalty Stock Performance

The business’s fifty day moving average price is C$5.71 and its two-hundred day moving average price is C$5.35. The firm has a market capitalization of C$823.20 million, a P/E ratio of 595.00 and a beta of 1.41.

About Uranium Royalty

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.