Uranium Royalty’s (UROY) Buy Rating Reaffirmed at HC Wainwright

HC Wainwright restated their buy rating on shares of Uranium Royalty (NASDAQ:UROY) in a research report sent to investors on Thursday morning,Benzinga reports. HC Wainwright currently has a $7.70 price objective on the stock. HC Wainwright also issued estimates for Uranium Royalty’s FY2025 earnings at $0.01 EPS.

Separately, B. Riley started coverage on shares of Uranium Royalty in a research note on Monday, October 7th. They issued a “buy” rating and a $3.50 price target for the company.

Uranium Royalty Trading Down 0.9 %

Shares of UROY opened at $2.11 on Thursday. Uranium Royalty has a 12-month low of $1.86 and a 12-month high of $3.76. The firm has a market capitalization of $262.57 million, a P/E ratio of 70.36 and a beta of 1.10. The firm has a 50-day moving average price of $2.62 and a 200 day moving average price of $2.42.

Institutional Trading of Uranium Royalty

Hedge funds and other institutional investors have recently modified their holdings of the business. AE Wealth Management LLC acquired a new position in Uranium Royalty in the second quarter valued at about $36,000. National Bank of Canada FI lifted its holdings in shares of Uranium Royalty by 149.4% in the 3rd quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock worth $45,000 after acquiring an additional 11,075 shares during the last quarter. Rathbones Group PLC acquired a new position in shares of Uranium Royalty in the 2nd quarter worth approximately $57,000. Bayshore Asset Management LLC purchased a new position in shares of Uranium Royalty during the 3rd quarter worth approximately $147,000. Finally, Sanctuary Advisors LLC acquired a new stake in Uranium Royalty in the 3rd quarter valued at approximately $233,000. 24.19% of the stock is owned by institutional investors and hedge funds.

About Uranium Royalty

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.