Uranium Royalty Corp. (NASDAQ:UROY) Receives $4.00 Consensus Target Price from Brokerages

Uranium Royalty Corp. (NASDAQ:UROY) has received an average rating of “Hold” from the five research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $4.00.

A number of brokerages have issued reports on UROY. Raymond James Financial reiterated a “market perform” rating on shares of Uranium Royalty in a research report on Tuesday, September 23rd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Uranium Royalty in a research report on Saturday, September 27th. Finally, Wall Street Zen upgraded Uranium Royalty from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th.

Institutional Trading of Uranium Royalty

Institutional investors have recently modified their holdings of the company. Apollon Wealth Management LLC acquired a new stake in shares of Uranium Royalty in the second quarter valued at $25,000. Corient Private Wealth LLC acquired a new stake in shares of Uranium Royalty in the second quarter valued at $29,000. Thompson Davis & CO. Inc. acquired a new stake in shares of Uranium Royalty in the second quarter valued at $33,000. Riverwater Partners LLC acquired a new stake in shares of Uranium Royalty in the second quarter valued at $33,000. Finally, Private Advisor Group LLC acquired a new stake in shares of Uranium Royalty in the first quarter valued at $27,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

Uranium Royalty Price Performance

Shares of UROY opened at $4.28 on Friday. Uranium Royalty has a 12 month low of $1.43 and a 12 month high of $4.70. The stock has a fifty day moving average price of $3.25 and a 200 day moving average price of $2.52. The company has a market cap of $571.98 million, a P/E ratio of -428.00 and a beta of 1.40.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings results on Thursday, September 11th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. Uranium Royalty had a negative return on equity of 0.56% and a negative net margin of 2.90%.The company had revenue of $28.90 million during the quarter, compared to analyst estimates of $9.49 million. As a group, research analysts anticipate that Uranium Royalty will post 0.01 earnings per share for the current year.

Uranium Royalty Company 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.