Uranium Royalty (TSE:URC) Reaches New 1-Year Low – What’s Next?

Uranium Royalty Corp. (TSE:URC) shares hit a new 52-week low on Monday . The company traded as low as C$2.31 and last traded at C$2.33, with a volume of 147182 shares changing hands. The stock had previously closed at C$2.47.

Analyst Ratings Changes

A number of brokerages have issued reports on URC. Raymond James set a C$4.50 price target on Uranium Royalty and gave the stock an “outperform” rating in a report on Friday, February 7th. National Bank Financial raised shares of Uranium Royalty to a “hold” rating in a research report on Tuesday, February 11th. Finally, National Bankshares set a C$4.25 target price on shares of Uranium Royalty and gave the stock a “sector perform” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Uranium Royalty currently has a consensus rating of “Moderate Buy” and a consensus target price of C$5.08.

Uranium Royalty Price Performance

The stock has a 50 day moving average of C$3.21 and a two-hundred day moving average of C$3.33. The stock has a market capitalization of C$334.03 million, a PE ratio of 46.88 and a beta of 1.69.

Uranium Royalty Company Profile

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.