FY2025 EPS Estimates for Uranium Royalty Lowered by Analyst

Uranium Royalty Corp. (NASDAQ:UROY) – Equities researchers at HC Wainwright lowered their FY2025 earnings per share estimates for Uranium Royalty in a research report issued on Tuesday, April 22nd. HC Wainwright analyst H. Ihle now forecasts that the company will earn ($0.01) per share for the year, down from their prior estimate of $0.01. HC Wainwright has a “Buy” rating and a $4.50 price target on the stock. The consensus estimate for Uranium Royalty’s current full-year earnings is $0.01 per share.

Uranium Royalty (NASDAQ:UROY) last issued its quarterly earnings results on Thursday, March 6th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01).

Several other brokerages also recently weighed in on UROY. Raymond James began coverage on shares of Uranium Royalty in a report on Thursday, February 6th. They set an “outperform” rating on the stock. National Bank Financial began coverage on Uranium Royalty in a research report on Wednesday, February 12th. They issued a “sector perform” rating on the stock.

Uranium Royalty Stock Up 1.1 %

NASDAQ UROY opened at $1.78 on Wednesday. The stock’s 50-day moving average price is $1.82 and its 200-day moving average price is $2.26. The company has a market capitalization of $237.87 million, a P/E ratio of 59.35 and a beta of 1.21. Uranium Royalty has a 52 week low of $1.43 and a 52 week high of $3.12.

Hedge Funds Weigh In On Uranium Royalty

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. CenterBook Partners LP increased its position in Uranium Royalty by 890.9% in the fourth quarter. CenterBook Partners LP now owns 3,435,097 shares of the company’s stock worth $7,523,000 after purchasing an additional 3,088,434 shares during the last quarter. Accordant Advisory Group Inc lifted its holdings in shares of Uranium Royalty by 718.9% in the 1st quarter. Accordant Advisory Group Inc now owns 2,334,486 shares of the company’s stock valued at $4,109,000 after acquiring an additional 2,049,409 shares during the last quarter. Millennium Management LLC grew its position in Uranium Royalty by 3,613.3% in the fourth quarter. Millennium Management LLC now owns 518,784 shares of the company’s stock worth $1,136,000 after acquiring an additional 504,813 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in Uranium Royalty during the fourth quarter valued at approximately $1,062,000. Finally, Sprott Inc. lifted its stake in shares of Uranium Royalty by 108.2% in the 4th quarter. Sprott Inc. now owns 834,478 shares of the company’s stock valued at $1,828,000 after purchasing an additional 433,682 shares during the last quarter. 24.19% of the stock is owned by institutional investors.

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.