Uranium Royalty (NASDAQ:UROY) Earns Buy Rating from HC Wainwright

Uranium Royalty (NASDAQ:UROY)‘s stock had its “buy” rating reissued by research analysts at HC Wainwright in a report issued on Monday, MarketBeat reports. They presently have a $4.50 target price on the stock. HC Wainwright‘s price target suggests a potential upside of 31.58% from the company’s previous close. HC Wainwright also issued estimates for Uranium Royalty’s FY2027 earnings at $0.16 EPS.

Several other brokerages have also commented on UROY. Weiss Ratings upgraded shares of Uranium Royalty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. National Bank Financial assumed coverage on shares of Uranium Royalty in a research report on Wednesday, July 29th. They set an “outperform” rating and a $3.75 target price on the stock. Finally, Zacks Research lowered shares of Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Uranium Royalty has an average rating of “Moderate Buy” and an average price target of $4.25.

Uranium Royalty Price Performance

Shares of NASDAQ UROY opened at $3.42 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.88 and a quick ratio of 0.87. The stock has a fifty day moving average price of $4.17 and a 200 day moving average price of $3.64. Uranium Royalty has a 1-year low of $2.56 and a 1-year high of $5.52. The company has a market cap of $1.29 billion, a PE ratio of 38.00 and a beta of 1.57.

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. AXQ Capital LP acquired a new position in Uranium Royalty in the 2nd quarter valued at about $37,000. Royal Bank of Canada grew its holdings in Uranium Royalty by 10.3% in the 1st quarter. Royal Bank of Canada now owns 146,282 shares of the company’s stock valued at $534,000 after buying an additional 13,692 shares during the period. Hunter Associates Investment Management LLC purchased a new stake in Uranium Royalty in the 1st quarter valued at about $55,000. Sanctuary Advisors LLC grew its holdings in Uranium Royalty by 46.9% in the 1st quarter. Sanctuary Advisors LLC now owns 58,750 shares of the company’s stock valued at $214,000 after buying an additional 18,750 shares during the period. Finally, Apella Capital LLC purchased a new stake in Uranium Royalty in the 1st quarter valued at about $72,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

Uranium Royalty Company Profile

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.