151,467 Shares in Uranium Royalty Corp. $UROY Bought by Quantbot Technologies LP

Quantbot Technologies LP bought a new stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) in the second quarter, Holdings Channel reports. The fund bought 151,467 shares of the company’s stock, valued at approximately $421,000.

Several other hedge funds also recently added to or reduced their stakes in UROY. Goldman Sachs Group Inc. raised its stake in shares of Uranium Royalty by 25.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 104,243 shares of the company’s stock valued at $183,000 after buying an additional 21,118 shares during the last quarter. Thompson Davis & CO. Inc. acquired a new stake in Uranium Royalty during the second quarter worth about $33,000. Vident Advisory LLC grew its holdings in Uranium Royalty by 47.1% during the second quarter. Vident Advisory LLC now owns 1,480,151 shares of the company’s stock worth $3,700,000 after acquiring an additional 474,030 shares during the period. Corient Private Wealth LLC purchased a new position in Uranium Royalty during the second quarter valued at approximately $29,000. Finally, BNP Paribas Financial Markets purchased a new position in Uranium Royalty during the third quarter valued at approximately $128,000. 24.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

UROY has been the subject of a number of analyst reports. Weiss Ratings downgraded Uranium Royalty from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, August 17th. Zacks Research raised shares of Uranium Royalty from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. HC Wainwright reiterated a “buy” rating and issued a $4.50 target price on shares of Uranium Royalty in a research note on Thursday, July 16th. Finally, National Bank Financial began coverage on shares of Uranium Royalty in a research note on Wednesday, July 29th. They issued an “outperform” rating and a $3.75 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Uranium Royalty has an average rating of “Buy” and an average target price of $4.12.

Uranium Royalty Stock Down 1.6%

Shares of Uranium Royalty stock opened at $4.26 on Friday. Uranium Royalty Corp. has a twelve month low of $2.56 and a twelve month high of $5.52. The business has a 50-day moving average price of $3.34 and a 200 day moving average price of $3.57. The firm has a market cap of $1.62 billion, a PE ratio of 213.11 and a beta of 1.38.

Uranium Royalty Profile

Uranium Royalty Corp. is a Vancouver-based mineral rights acquisition, royalty and streaming company focused exclusively on the uranium sector. Established in early 2021 and listed on the NASDAQ under the symbol UROY, the company seeks to provide investors with leveraged exposure to uranium prices without direct mining risk. Rather than owning or operating mines, Uranium Royalty acquires long-term royalties and streams on both production and development-stage uranium projects worldwide.

The company’s diversified portfolio encompasses royalty interests across multiple jurisdictions, including Canada, the United States, South America, Central Asia and Australia.