Uranium Royalty Corp. (NASDAQ:UROY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Uranium Royalty Corp. (NASDAQ:UROY) have received an average rating of “Hold” from the four research firms that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $4.50.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Uranium Royalty by 5.0% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,590,834 shares of the company’s stock valued at $13,718,000 after acquiring an additional 361,238 shares in the last quarter. Alps Advisors Inc. lifted its stake in Uranium Royalty by 9.9% during the first quarter. Alps Advisors Inc. now owns 2,991,153 shares of the company’s stock valued at $5,264,000 after purchasing an additional 269,810 shares during the last quarter. Accordant Advisory Group Inc lifted its stake in Uranium Royalty by 4.6% during the second quarter. Accordant Advisory Group Inc now owns 2,441,702 shares of the company’s stock valued at $6,104,000 after purchasing an additional 107,216 shares during the last quarter. Vident Advisory LLC lifted its stake in Uranium Royalty by 47.1% during the second quarter. Vident Advisory LLC now owns 1,480,151 shares of the company’s stock valued at $3,700,000 after purchasing an additional 474,030 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in Uranium Royalty by 3,613.3% during the fourth quarter. Millennium Management LLC now owns 518,784 shares of the company’s stock valued at $1,136,000 after purchasing an additional 504,813 shares during the last quarter. 24.19% of the stock is currently owned by institutional investors.

Uranium Royalty Trading Down 1.4%

NASDAQ UROY opened at $4.21 on Friday. Uranium Royalty has a 52 week low of $1.43 and a 52 week high of $4.70. The stock has a market cap of $562.62 million, a price-to-earnings ratio of -421.00 and a beta of 1.40. The company has a 50-day moving average price of $3.30 and a two-hundred day moving average price of $2.54.

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

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.