Uranium Participation Corp (U) Downgraded to Sector Perform at Royal Bank Of Canada
Royal Bank Of Canada cut shares of Uranium Participation Corp (TSE:U) from an outperform rating to a sector perform rating in a report published on Monday. They currently have C$4.50 target price on the stock, down from their previous target price of C$5.00.
Separately, Dundee Securities restated a buy rating and set a C$5.20 price target on shares of Uranium Participation Corp in a report on Monday, August 8th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of C$5.27.
Shares of Uranium Participation Corp (TSE:U) opened at 4.00 on Monday. The stock’s market cap is $462.59 million. Uranium Participation Corp has a 52-week low of $3.68 and a 52-week high of $5.51. The firm’s 50-day moving average price is $3.98 and its 200-day moving average price is $4.18.
About Uranium Participation Corp
Uranium Participation Corporation invests substantially all of its assets in uranium oxide in concentrates (U3O8) and uranium hexafluoride (UF6) (collectively uranium), with the primary investment objective of achieving appreciation in the value of its uranium holdings through increases in the uranium price.
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