Bailard Inc. Invests $55,000 in Uranium Royalty Corp. (NASDAQ:UROY)

Bailard Inc. acquired a new stake in Uranium Royalty Corp. (NASDAQ:UROY) during the fourth quarter, Holdings Channel reports. The firm acquired 20,500 shares of the company’s stock, valued at approximately $55,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UROY. HTLF Bank purchased a new position in shares of Uranium Royalty in the fourth quarter worth about $97,000. Mirae Asset Global Investments Co. Ltd. raised its position in shares of Uranium Royalty by 8.5% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,974,886 shares of the company’s stock valued at $13,431,000 after purchasing an additional 389,682 shares during the period. Financial Sense Advisors Inc. bought a new stake in shares of Uranium Royalty in the fourth quarter valued at approximately $35,000. Anchor Investment Management LLC bought a new stake in shares of Uranium Royalty in the fourth quarter valued at approximately $40,000. Finally, Alps Advisors Inc. raised its position in shares of Uranium Royalty by 185.6% in the third quarter. Alps Advisors Inc. now owns 1,129,489 shares of the company’s stock valued at $3,242,000 after purchasing an additional 734,032 shares during the period. 24.19% of the stock is currently owned by institutional investors.

Uranium Royalty Stock Up 3.8 %

NASDAQ UROY opened at $2.44 on Tuesday. The company’s 50 day moving average is $2.49 and its 200-day moving average is $2.76. Uranium Royalty Corp. has a 12-month low of $1.81 and a 12-month high of $3.76. The firm has a market cap of $293.56 million, a P/E ratio of 48.81 and a beta of 1.24.

Uranium Royalty (NASDAQ:UROY) last posted its quarterly earnings results on Friday, March 15th. The company reported $0.02 earnings per share (EPS) for the quarter. The business had revenue of $11.22 million during the quarter. Equities analysts expect that Uranium Royalty Corp. will post 0.02 EPS for the current year.

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.