Uranium Royalty (NASDAQ:UROY) Releases Quarterly Earnings Results

Uranium Royalty (NASDAQ:UROY) issued its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, reports.

Uranium Royalty Price Performance

Shares of UROY stock opened at $2.12 on Friday. The company has a market capitalization of $257.47 million, a P/E ratio of 42.41 and a beta of 1.20. The company’s 50-day simple moving average is $2.23 and its two-hundred day simple moving average is $2.39. Uranium Royalty has a one year low of $1.86 and a one year high of $3.76.

Institutional Trading of Uranium Royalty

Institutional investors and hedge funds have recently modified their holdings of the stock. AE Wealth Management LLC purchased a new position in Uranium Royalty during the 2nd quarter worth $36,000. Murchinson Ltd. bought a new position in shares of Uranium Royalty during the 1st quarter worth $51,000. Rathbones Group PLC purchased a new position in shares of Uranium Royalty during the second quarter valued at $57,000. Virtu Financial LLC bought a new stake in shares of Uranium Royalty in the first quarter valued at about $110,000. Finally, Quadrature Capital Ltd lifted its stake in Uranium Royalty by 80.6% in the fourth quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after acquiring an additional 20,057 shares during the period. Institutional investors own 24.19% of the company’s stock.

Analysts Set New Price Targets

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

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.