Uranium Royalty’s (UROY) Buy Rating Reiterated at HC Wainwright

HC Wainwright reiterated their buy rating on shares of Uranium Royalty (NASDAQ:UROY) in a research report released on Thursday morning,Benzinga reports. They currently have a $7.70 target price on the stock. HC Wainwright also issued estimates for Uranium Royalty’s FY2025 earnings at $0.01 EPS.

Separately, B. Riley started coverage on Uranium Royalty in a report on Monday, October 7th. They set a “buy” rating and a $3.50 price target on the stock.

Uranium Royalty Stock Performance

Shares of Uranium Royalty stock opened at $2.13 on Thursday. The company’s 50 day moving average price is $2.62 and its 200-day moving average price is $2.42. Uranium Royalty has a 52-week low of $1.86 and a 52-week high of $3.76. The stock has a market capitalization of $265.06 million, a price-to-earnings ratio of 71.02 and a beta of 1.10.

Institutional Trading of Uranium Royalty

Several institutional investors and hedge funds have recently bought and sold shares of UROY. Acuitas Investments LLC purchased a new position in shares of Uranium Royalty during the 2nd quarter worth approximately $2,120,000. Rathbones Group PLC bought a new stake in shares of Uranium Royalty during the second quarter valued at approximately $57,000. AE Wealth Management LLC purchased a new stake in Uranium Royalty in the second quarter worth $36,000. Bayshore Asset Management LLC bought a new position in Uranium Royalty in the third quarter worth $147,000. Finally, Fourth Sail Capital LP purchased a new position in Uranium Royalty during the third quarter valued at $1,428,000. 24.19% of the stock is currently owned by hedge funds and other institutional investors.

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.