Uranium Royalty Corp. $UROY Shares Acquired by CenterBook Partners LP

CenterBook Partners LP increased its position in Uranium Royalty Corp. (NASDAQ:UROY) by 828.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,447,408 shares of the company’s stock after buying an additional 3,968,521 shares during the period. Uranium Royalty comprises 0.8% of CenterBook Partners LP’s portfolio, making the stock its 24th largest holding. CenterBook Partners LP owned approximately 3.04% of Uranium Royalty worth $15,744,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Total Wealth Planning & Management Inc. acquired a new position in shares of Uranium Royalty in the fourth quarter valued at approximately $70,000. J.W. Cole Advisors Inc. acquired a new position in Uranium Royalty during the fourth quarter worth approximately $252,000. TD Asset Management Inc acquired a new position in Uranium Royalty during the fourth quarter worth approximately $544,000. Goldman Sachs Group Inc. increased its position in Uranium Royalty by 20.9% during the fourth quarter. Goldman Sachs Group Inc. now owns 165,440 shares of the company’s stock worth $586,000 after purchasing an additional 28,576 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Uranium Royalty by 35.2% during the fourth quarter. Geode Capital Management LLC now owns 89,490 shares of the company’s stock worth $317,000 after purchasing an additional 23,312 shares during the last quarter. Institutional investors and hedge funds own 24.19% of the company’s stock.

Uranium Royalty Price Performance

UROY opened at $3.09 on Monday. Uranium Royalty Corp. has a 52-week low of $2.20 and a 52-week high of $5.52. The company has a 50 day moving average of $3.68 and a two-hundred day moving average of $3.87. The company has a market cap of $452.96 million, a P/E ratio of 154.58 and a beta of 1.37.

Uranium Royalty (NASDAQ:UROY) last released its quarterly earnings data on Tuesday, March 10th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.02. Uranium Royalty had a net margin of 7.70% and a return on equity of 0.01%. The company had revenue of $12.25 million during the quarter.

Analysts Set New Price Targets

UROY has been the subject of several research analyst reports. Weiss Ratings raised shares of Uranium Royalty from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, March 12th. Zacks Research raised shares of Uranium Royalty from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 20th. Raymond James Financial raised shares of Uranium Royalty from a “market perform” rating to an “outperform” rating in a research report on Tuesday, April 21st. Finally, Wall Street Zen lowered shares of Uranium Royalty from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Uranium Royalty has an average rating of “Buy”.

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.