Uranium Royalty (TSE:URC) Trading Down 2.8% – What’s Next?

Uranium Royalty Corp. (TSE:URC)’s share price was down 2.8% during mid-day trading on Wednesday . The company traded as low as C$4.92 and last traded at C$4.94. Approximately 212,256 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 412,739 shares. The stock had previously closed at C$5.08.

Analyst Ratings Changes

Separately, National Bank Financial lifted their price target on Uranium Royalty from C$5.00 to C$5.50 and gave the stock a “sector perform” rating in a research note on Friday, December 19th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$5.25.

Uranium Royalty Trading Down 2.8%

The firm has a market capitalization of C$723.60 million, a price-to-earnings ratio of 123.50 and a beta of 0.71. The company has a 50-day moving average of C$5.78 and a 200-day moving average of C$5.51.

Uranium Royalty (TSE:URC) last released its quarterly earnings data on Tuesday, March 10th. The company reported C$0.01 EPS for the quarter. Uranium Royalty had a net margin of 8.03% and a return on equity of 1.35%. The firm had revenue of C$16.66 million during the quarter.

Uranium Royalty Company Profile

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.