Sanctuary Advisors LLC Makes New Investment in Uranium Royalty Corp. (NASDAQ:UROY)

Sanctuary Advisors LLC acquired a new stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) during the 3rd quarter, Holdings Channel reports. The fund acquired 89,070 shares of the company’s stock, valued at approximately $233,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. AE Wealth Management LLC bought a new position in Uranium Royalty in the second quarter valued at about $36,000. National Bank of Canada FI lifted its position in shares of Uranium Royalty by 149.4% in the third quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock valued at $45,000 after acquiring an additional 11,075 shares in the last quarter. Rathbones Group PLC purchased a new stake in Uranium Royalty during the 2nd quarter valued at approximately $57,000. Bayshore Asset Management LLC purchased a new stake in Uranium Royalty in the 3rd quarter worth $147,000. Finally, XTX Topco Ltd purchased a new position in Uranium Royalty during the 3rd quarter valued at approximately $251,000. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Stock Down 0.9 %

Shares of NASDAQ:UROY opened at $2.17 on Monday. The business has a 50-day moving average price of $2.55 and a 200-day moving average price of $2.41. The stock has a market cap of $289.89 million, a price-to-earnings ratio of 72.36 and a beta of 1.10. Uranium Royalty Corp. has a 52-week low of $1.86 and a 52-week high of $3.76.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on UROY. B. Riley began coverage on Uranium Royalty in a report on Monday, October 7th. They issued a “buy” rating and a $3.50 target price for the company. HC Wainwright reiterated a “buy” rating and issued a $7.70 target price on shares of Uranium Royalty in a report on Thursday, December 19th.

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.