582,712 Shares in Uranium Royalty Corp. (NASDAQ:UROY) Purchased by Fourth Sail Capital LP

Fourth Sail Capital LP bought a new stake in Uranium Royalty Corp. (NASDAQ:UROY) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 582,712 shares of the company’s stock, valued at approximately $1,428,000. Uranium Royalty comprises about 0.4% of Fourth Sail Capital LP’s holdings, making the stock its 23rd biggest position.

Several other institutional investors also recently added to or reduced their stakes in UROY. AE Wealth Management LLC acquired a new stake in shares of Uranium Royalty in the second quarter worth $36,000. Murchinson Ltd. bought a new stake in shares of Uranium Royalty in the 1st quarter worth approximately $51,000. Rathbones Group PLC acquired a new stake in shares of Uranium Royalty during the 2nd quarter worth approximately $57,000. Virtu Financial LLC bought a new stake in shares of Uranium Royalty during the first quarter valued at approximately $110,000. Finally, Bayshore Asset Management LLC acquired a new position in shares of Uranium Royalty in the third quarter valued at $147,000. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Stock Performance

UROY opened at $2.56 on Monday. The firm has a market cap of $312.12 million, a price-to-earnings ratio of 42.67 and a beta of 1.19. The firm’s 50-day simple moving average is $2.58 and its 200-day simple moving average is $2.45. Uranium Royalty Corp. has a twelve month low of $1.86 and a twelve month high of $3.76.

Uranium Royalty (NASDAQ:UROY) last issued its quarterly earnings data on Thursday, September 12th. The company reported ($0.01) earnings per share for the quarter. As a group, sell-side analysts anticipate that Uranium Royalty Corp. will post 0.03 EPS for the current fiscal year.

Analysts Set New Price Targets

UROY has been the topic of a number of recent research reports. HC Wainwright reiterated a “buy” rating and set a $7.70 price target on shares of Uranium Royalty in a research note on Tuesday, September 17th. B. Riley assumed coverage on shares of Uranium Royalty in a research report on Monday, October 7th. They set a “buy” rating and a $3.50 target price on the stock.

About Uranium Royalty

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.