Alps Advisors Inc. increased its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 9.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,991,153 shares of the company's stock after buying an additional 269,810 shares during the period. Alps Advisors Inc. owned about 2.24% of Uranium Royalty worth $5,264,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in UROY. Riverwater Partners LLC bought a new position in Uranium Royalty during the fourth quarter worth about $27,000. Raymond James Financial Inc. bought a new position in Uranium Royalty during the fourth quarter worth about $30,000. Welch Group LLC bought a new position in Uranium Royalty during the first quarter worth about $31,000. Smith Moore & CO. bought a new position in Uranium Royalty during the fourth quarter worth about $48,000. Finally, Grimes & Company Inc. bought a new position in Uranium Royalty during the first quarter worth about $53,000. Hedge funds and other institutional investors own 24.19% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright cut their target price on shares of Uranium Royalty from $7.70 to $4.50 and set a "buy" rating for the company in a research report on Tuesday, April 22nd.
View Our Latest Report on UROY
Uranium Royalty Price Performance
Shares of Uranium Royalty stock opened at $2.37 on Friday. Uranium Royalty Corp. has a 12-month low of $1.43 and a 12-month high of $3.12. The company's 50-day moving average price is $2.24 and its 200-day moving average price is $2.10.
Uranium Royalty Profile
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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.
See Also
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