HC Wainwright Reaffirms Buy Rating for Uranium Royalty (NASDAQ:UROY)

HC Wainwright reiterated their buy rating on shares of Uranium Royalty (NASDAQ:UROY) in a research report report published on Tuesday morning, Benzinga reports. They currently have a $7.70 price objective on the stock. HC Wainwright also issued estimates for Uranium Royalty’s FY2025 earnings at $0.02 EPS.

Uranium Royalty Price Performance

NASDAQ:UROY opened at $2.24 on Tuesday. The business’s 50-day moving average is $2.22 and its two-hundred day moving average is $2.38. The firm has a market capitalization of $272.05 million, a PE ratio of 44.81 and a beta of 1.20. Uranium Royalty has a 12 month low of $1.86 and a 12 month high of $3.76.

Uranium Royalty (NASDAQ:UROY) last released its quarterly earnings results on Thursday, September 12th. The company reported ($0.01) EPS for the quarter. Equities analysts anticipate that Uranium Royalty will post 0.05 EPS for the current year.

Institutional Trading of Uranium Royalty

Several large investors have recently modified their holdings of UROY. MMCAP International Inc. SPC boosted its holdings in Uranium Royalty by 502.7% in the fourth quarter. MMCAP International Inc. SPC now owns 124,600 shares of the company’s stock valued at $329,000 after purchasing an additional 103,926 shares during the last quarter. Quadrature Capital Ltd grew its position in shares of Uranium Royalty by 80.6% during the fourth quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after buying an additional 20,057 shares in the last quarter. Natixis increased its stake in shares of Uranium Royalty by 7,771.0% in the first quarter. Natixis now owns 221,726 shares of the company’s stock worth $532,000 after buying an additional 218,909 shares during the last quarter. Gamco Investors INC. ET AL bought a new position in Uranium Royalty during the 1st quarter valued at $478,000. Finally, Murchinson Ltd. acquired a new position in Uranium Royalty during the 1st quarter worth $51,000. 24.19% of the stock is currently owned by institutional investors and hedge funds.

Uranium Royalty Company Profile

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.