Raymond James Financial Inc. Buys New Holdings in Uranium Royalty Corp. (NASDAQ:UROY)

Raymond James Financial Inc. purchased a new position in Uranium Royalty Corp. (NASDAQ:UROY) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,750 shares of the company’s stock, valued at approximately $30,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Mountain Lake Investment Management LLC acquired a new position in shares of Uranium Royalty during the fourth quarter worth approximately $33,000. Brave Asset Management Inc. acquired a new position in Uranium Royalty during the fourth quarter worth $35,000. Geneos Wealth Management Inc. bought a new position in shares of Uranium Royalty in the fourth quarter valued at $43,000. National Bank of Canada FI grew its holdings in shares of Uranium Royalty by 149.4% during the third quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock valued at $45,000 after buying an additional 11,075 shares during the last quarter. Finally, Sage Investment Counsel LLC bought a new stake in shares of Uranium Royalty during the fourth quarter worth about $55,000. Institutional investors own 24.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $7.70 price target on shares of Uranium Royalty in a research report on Thursday, December 19th. National Bank Financial began coverage on Uranium Royalty in a research report on Wednesday, February 12th. They set a “sector perform” rating on the stock. Finally, Raymond James started coverage on Uranium Royalty in a report on Thursday, February 6th. They set an “outperform” rating for the company.

Uranium Royalty Stock Performance

Shares of UROY stock opened at $1.72 on Monday. The company has a market capitalization of $229.85 million, a price-to-earnings ratio of 57.35 and a beta of 1.21. Uranium Royalty Corp. has a 52-week low of $1.43 and a 52-week high of $3.12. The company has a 50-day simple moving average of $1.93 and a two-hundred day simple moving average of $2.30.

Uranium Royalty (NASDAQ:UROY) last released its earnings results on Thursday, March 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.01). On average, sell-side analysts forecast that Uranium Royalty Corp. will post 0.01 EPS for the current fiscal year.

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.