Uranium Royalty (NASDAQ:UROY) Issues Earnings Results

Uranium Royalty (NASDAQ:UROY) issued its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01), Zacks reports. Uranium Royalty had a negative return on equity of 0.56% and a negative net margin of 2.90%.

Uranium Royalty Stock Performance

NASDAQ:UROY traded up $0.18 during trading hours on Thursday, reaching $3.87. The stock had a trading volume of 1,503,645 shares, compared to its average volume of 3,317,984. The stock has a market cap of $540.65 million, a P/E ratio of -387.00 and a beta of 1.43. The stock has a 50 day simple moving average of $3.97 and a 200 day simple moving average of $3.24. Uranium Royalty has a 12-month low of $1.43 and a 12-month high of $5.37.

Institutional Investors Weigh In On Uranium Royalty

Several large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. increased its position in shares of Uranium Royalty by 25.4% during the first quarter. Goldman Sachs Group Inc. now owns 104,243 shares of the company’s stock valued at $183,000 after buying an additional 21,118 shares during the period. Thompson Davis & CO. Inc. purchased a new position in Uranium Royalty during the second quarter valued at approximately $33,000. Vident Advisory LLC increased its holdings in Uranium Royalty by 47.1% during the 2nd quarter. Vident Advisory LLC now owns 1,480,151 shares of the company’s stock worth $3,700,000 after acquiring an additional 474,030 shares during the period. Corient Private Wealth LLC purchased a new stake in Uranium Royalty in the 2nd quarter worth approximately $29,000. Finally, BNP Paribas Financial Markets bought a new position in Uranium Royalty in the 3rd quarter valued at $128,000. Hedge funds and other institutional investors own 24.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Zacks Research downgraded Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Wall Street Zen upgraded Uranium Royalty from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Weiss Ratings reissued a “sell (d+)” rating on shares of Uranium Royalty in a research report on Wednesday, October 8th. Finally, Raymond James Financial restated a “market perform” rating on shares of Uranium Royalty in a research note on Tuesday, September 23rd. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $4.50.

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.