Uranium Royalty (NASDAQ:UROY) Given New $5.20 Price Target at HC Wainwright

Uranium Royalty (NASDAQ:UROY – Get Rating) had its price objective lifted by analysts at HC Wainwright from $5.00 to $5.20 in a report issued on Wednesday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. HC Wainwright’s price target points to a potential upside of 91.18% from the stock’s previous close.

Shares of Uranium Royalty stock opened at $2.72 on Wednesday. Uranium Royalty has a 1 year low of $2.25 and a 1 year high of $5.95. The company has a market capitalization of $259.89 million and a P/E ratio of -68.00. The company has a debt-to-equity ratio of 0.09, a quick ratio of 77.76 and a current ratio of 188.20. The company’s fifty day moving average is $3.73 and its two-hundred day moving average is $3.89.

Uranium Royalty (NASDAQ:UROY – Get Rating) last issued its quarterly earnings results on Wednesday, March 16th. The company reported ($0.02) EPS for the quarter. As a group, equities analysts expect that Uranium Royalty will post -0.03 earnings per share for the current year.

Several hedge funds have recently added to or reduced their stakes in UROY. Geode Capital Management LLC boosted its holdings in shares of Uranium Royalty by 17.1% in the third quarter. Geode Capital Management LLC now owns 39,652 shares of the company’s stock worth $143,000 after buying an additional 5,792 shares during the period. Van Hulzen Asset Management LLC bought a new position in Uranium Royalty during the third quarter valued at approximately $36,000. Dubuque Bank & Trust Co. raised its position in Uranium Royalty by 50.0% during the first quarter. Dubuque Bank & Trust Co. now owns 36,000 shares of the company’s stock valued at $141,000 after acquiring an additional 12,000 shares in the last quarter. tru Independence LLC bought a new position in Uranium Royalty during the fourth quarter valued at approximately $47,000. Finally, Integrated Advisors Network LLC bought a new position in shares of Uranium Royalty in the first quarter valued at approximately $53,000. 5.96% of the stock is currently owned by institutional investors and hedge funds.

Uranium Royalty Company Profile (Get Rating)

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, Roughrider, Diabase, and Dawn Lake projects in Saskatchewan, Canada; Anderson and Workman Creek 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.

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