Acuitas Investments LLC Purchases New Position in Uranium Royalty Corp. (NASDAQ:UROY)

Acuitas Investments LLC acquired a new position in shares of Uranium Royalty Corp. (NASDAQ:UROY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 942,109 shares of the company’s stock, valued at approximately $2,120,000.

Several other institutional investors have also modified their holdings of UROY. MMCAP International Inc. SPC grew its holdings in shares of Uranium Royalty by 2,248.3% in the first quarter. MMCAP International Inc. SPC now owns 2,925,969 shares of the company’s stock worth $6,993,000 after purchasing an additional 2,801,369 shares during the last quarter. Natixis grew its stake in shares of Uranium Royalty by 7,771.0% during the first quarter. Natixis now owns 221,726 shares of the company’s stock worth $532,000 after acquiring an additional 218,909 shares during the last quarter. Gamco Investors INC. ET AL acquired a new position in shares of Uranium Royalty during the first quarter valued at about $478,000. Spartan Fund Management Inc. acquired a new position in shares of Uranium Royalty during the fourth quarter valued at about $246,000. Finally, Virtu Financial LLC purchased a new position in shares of Uranium Royalty in the 1st quarter valued at approximately $110,000. 24.19% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $7.70 target price on shares of Uranium Royalty in a research report on Monday, June 17th.

Uranium Royalty Price Performance

NASDAQ UROY opened at $1.93 on Friday. The stock’s fifty day moving average price is $2.25 and its 200 day moving average price is $2.42. Uranium Royalty Corp. has a 1 year low of $1.92 and a 1 year high of $3.76. The company has a market cap of $233.79 million, a price-to-earnings ratio of 38.61 and a beta of 1.21.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings data on Wednesday, July 24th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $9.01 million during the quarter. Research analysts expect that Uranium Royalty Corp. will post 0.05 earnings per share for the current year.

Uranium Royalty 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.