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

HC Wainwright reaffirmed their buy rating on shares of Uranium Royalty (NASDAQ:UROY) in a research note issued to investors on Monday morning, MarketBeat.com reports. The firm currently has a $4.50 price objective on the stock. HC Wainwright also issued estimates for Uranium Royalty’s FY2027 earnings at $0.16 EPS.

UROY has been the topic of a number of other research reports. Weiss Ratings raised shares of Uranium Royalty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. Zacks Research lowered Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Finally, National Bank Financial assumed coverage on shares of Uranium Royalty in a research report on Wednesday, July 29th. They issued an “outperform” rating and a $3.75 target price for the company. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $4.25.

Uranium Royalty Trading Down 1.7%

NASDAQ UROY opened at $3.42 on Monday. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 38.00 and a beta of 1.57. Uranium Royalty has a one year low of $2.56 and a one year high of $5.52. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.87 and a current ratio of 0.88. The company’s 50-day simple moving average is $4.17 and its two-hundred day simple moving average is $3.64.

Uranium Royalty (NASDAQ:UROY) last released its quarterly earnings results on Monday, September 14th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.05 by $0.05. Uranium Royalty had a net margin of 25.88% and a return on equity of 10.86%. The business had revenue of $51.68 million for the quarter, compared to analyst estimates of $52.23 million. Equities analysts forecast that Uranium Royalty will post 0.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Uranium Royalty

Large investors have recently modified their holdings of the company. AXQ Capital LP purchased a new stake in shares of Uranium Royalty during the 2nd quarter worth $37,000. Hunter Associates Investment Management LLC acquired a new position in shares of Uranium Royalty during the first quarter worth $55,000. Apella Capital LLC acquired a new position in shares of Uranium Royalty during the first quarter worth $72,000. Bank of America Corp DE acquired a new position in shares of Uranium Royalty during the second quarter worth $129,000. Finally, Sanctuary Advisors LLC purchased a new position in Uranium Royalty in the second quarter valued at $163,000. 24.19% of the stock is owned by hedge funds and other institutional investors.

About Uranium Royalty

Uranium Royalty Corp. (NASDAQ: UROY) is a uranium-focused royalty and streaming company. It provides investors with exposure to the uranium sector through a portfolio of uranium interests rather than operating a traditional mining business. The company’s activities include acquiring uranium royalties, streams, offtake agreements, physical uranium, and equity interests in uranium exploration and development companies.

Uranium Royalty’s portfolio is linked to projects and properties in established uranium-producing and exploration regions, including the United States, Canada, Australia, and Paraguay.