Uranium Royalty (TSE:URC) Upgraded to Outperform at Raymond James Financial

Raymond James Financial upgraded shares of Uranium Royalty (TSE:URC) from a market perform rating to an outperform rating in a research note released on Tuesday,BayStreet.CA reports. Raymond James Financial currently has C$6.25 price target on the stock, up from their prior price target of C$5.75.

Uranium Royalty Stock Performance

URC opened at C$4.90 on Tuesday. The company has a market capitalization of C$717.74 million, a PE ratio of 122.50 and a beta of 0.85. The stock’s fifty day moving average is C$5.23 and its 200-day moving average is C$5.47. Uranium Royalty has a one year low of C$2.30 and a one year high of C$7.50.

Uranium Royalty (TSE:URC) last announced its earnings results on Thursday, April 30th. The company reported C$0.02 earnings per share for the quarter. Uranium Royalty had a return on equity of 1.35% and a net margin of 8.03%.The business had revenue of C$16.63 million during the quarter.

About Uranium Royalty

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.