Traders Purchase Large Volume of Call Options on Uranium Royalty (NASDAQ:UROY)

Uranium Royalty Corp. (NASDAQ:UROYGet Free Report) was the target of unusually large options trading activity on Wednesday. Investors acquired 13,946 call options on the stock. This represents an increase of 2,492% compared to the typical daily volume of 538 call options.

Wall Street Analyst Weigh In

Separately, HC Wainwright reissued a “buy” rating and set a $7.70 price objective on shares of Uranium Royalty in a research note on Monday, June 17th.

View Our Latest Report on Uranium Royalty

Uranium Royalty Price Performance

Shares of NASDAQ:UROY opened at $2.51 on Thursday. The firm has a market capitalization of $302.83 million, a PE ratio of 50.21 and a beta of 1.22. Uranium Royalty has a 12 month low of $1.90 and a 12 month high of $3.76. The business has a 50-day moving average of $2.49 and a two-hundred day moving average of $2.64.

Institutional Trading of Uranium Royalty

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cannell & Co. acquired a new position in shares of Uranium Royalty during the fourth quarter worth about $32,000. Financial Sense Advisors Inc. acquired a new position in Uranium Royalty during the 4th quarter worth approximately $35,000. Anchor Investment Management LLC purchased a new position in Uranium Royalty in the 4th quarter worth approximately $40,000. Murchinson Ltd. acquired a new stake in Uranium Royalty in the first quarter valued at approximately $51,000. Finally, Bailard Inc. purchased a new stake in shares of Uranium Royalty during the fourth quarter valued at approximately $55,000. Institutional investors and hedge funds own 24.19% of the company’s stock.

About Uranium Royalty

(Get Free Report)

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.

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