Uranium Royalty (TSE:URC) Issues Earnings Results

Uranium Royalty (TSE:URC) announced its quarterly earnings data on Thursday. The company reported C$0.02 earnings per share (EPS) for the quarter, FiscalAI reports. The company had revenue of C$16.63 million for the quarter. Uranium Royalty had a net margin of 8.03% and a return on equity of 1.35%.

Uranium Royalty Trading Down 2.6%

URC stock opened at C$5.16 on Friday. The company has a market cap of C$755.83 million, a price-to-earnings ratio of 129.00 and a beta of 0.85. Uranium Royalty has a 12-month low of C$2.50 and a 12-month high of C$7.50. The firm has a 50 day moving average of C$5.16 and a 200-day moving average of C$5.44.

Wall Street Analyst Weigh In

Separately, Raymond James Financial raised Uranium Royalty from a “hold” rating to a “moderate buy” rating and upped their price objective for the stock from C$5.75 to C$6.25 in a report on Tuesday, April 21st. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$5.88.

About Uranium Royalty

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.