Uranium Royalty (TSE:URC) Announces Earnings Results

Uranium Royalty (TSE:URC) announced its quarterly earnings results on Tuesday. The company reported C$0.01 earnings per share for the quarter, FiscalAI reports. Uranium Royalty had a net margin of 1.35% and a return on equity of 0.17%. The company had revenue of C$16.66 million for the quarter.

Uranium Royalty Stock Up 3.6%

URC opened at C$5.18 on Wednesday. Uranium Royalty has a 52-week low of C$2.00 and a 52-week high of C$7.50. The company has a 50 day moving average of C$5.80 and a two-hundred day moving average of C$5.48. The company has a market cap of C$716.67 million, a P/E ratio of 518.00 and a beta of 0.71.

Analyst Upgrades and Downgrades

Separately, National Bank Financial increased their target price on Uranium Royalty from C$5.00 to C$5.50 and gave the stock a “sector perform” rating in a research report on Friday, December 19th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of C$5.25.

Uranium Royalty Company Profile

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.