Uranium Royalty’s (UROY) “Buy” Rating Reiterated at HC Wainwright

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

Separately, B. Riley assumed 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 on the stock.

Uranium Royalty Trading Up 0.9 %

Shares of NASDAQ:UROY opened at $2.13 on Thursday. The stock has a fifty day simple moving average of $2.62 and a two-hundred day simple moving average of $2.42. Uranium Royalty has a 12-month low of $1.86 and a 12-month high of $3.76. The stock has a market capitalization of $265.06 million, a price-to-earnings ratio of 71.02 and a beta of 1.10.

Institutional Trading of Uranium Royalty

Institutional investors and hedge funds have recently modified their holdings of the business. Acuitas Investments LLC purchased a new stake in shares of Uranium Royalty during the second quarter valued at $2,120,000. Fourth Sail Capital LP bought a new position in Uranium Royalty during the 3rd quarter valued at about $1,428,000. Stifel Financial Corp purchased a new stake in shares of Uranium Royalty during the 3rd quarter valued at about $388,000. XTX Topco Ltd bought a new stake in shares of Uranium Royalty in the third quarter worth approximately $251,000. Finally, Sanctuary Advisors LLC purchased a new position in shares of Uranium Royalty during the third quarter valued at approximately $233,000. Institutional investors own 24.19% of the company’s stock.

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.