Uranium Royalty (NASDAQ:UROY) Rating Reiterated by HC Wainwright

HC Wainwright restated their buy rating on shares of Uranium Royalty (NASDAQ:UROY) in a research report sent to investors on Tuesday morning, Benzinga reports. HC Wainwright currently has a $7.70 price target on the stock. HC Wainwright also issued estimates for Uranium Royalty’s FY2025 earnings at $0.02 EPS.

Uranium Royalty Price Performance

UROY stock opened at $2.24 on Tuesday. The firm has a market cap of $272.05 million, a price-to-earnings ratio of 44.81 and a beta of 1.20. Uranium Royalty has a 1-year low of $1.86 and a 1-year high of $3.76. The firm has a fifty day moving average price of $2.22 and a two-hundred day moving average price of $2.38.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings data on Thursday, September 12th. The company reported ($0.01) earnings per share for the quarter. As a group, analysts expect that Uranium Royalty will post 0.05 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MMCAP International Inc. SPC grew its position in Uranium Royalty by 2,248.3% in the 1st quarter. MMCAP International Inc. SPC now owns 2,925,969 shares of the company’s stock worth $6,993,000 after purchasing an additional 2,801,369 shares during the last quarter. Acuitas Investments LLC acquired a new position in shares of Uranium Royalty during the second quarter worth approximately $2,120,000. Natixis grew its holdings in Uranium Royalty by 7,771.0% in the 1st quarter. Natixis now owns 221,726 shares of the company’s stock worth $532,000 after buying an additional 218,909 shares in the last quarter. Gamco Investors INC. ET AL acquired a new stake in Uranium Royalty in the 1st quarter valued at approximately $478,000. Finally, Virtu Financial LLC bought a new stake in Uranium Royalty during the 1st quarter valued at $110,000. Institutional investors and hedge funds 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.