Uranium Royalty Corp. (NASDAQ:UROY) Shares Purchased by Millennium Management LLC

Millennium Management LLC grew its stake in Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 3,613.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 518,784 shares of the company's stock after acquiring an additional 504,813 shares during the period. Millennium Management LLC owned about 0.39% of Uranium Royalty worth $1,136,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in Uranium Royalty in the 4th quarter valued at approximately $1,062,000. Sprott Inc. boosted its position in shares of Uranium Royalty by 108.2% during the fourth quarter. Sprott Inc. now owns 834,478 shares of the company's stock worth $1,828,000 after buying an additional 433,682 shares during the period. CenterBook Partners LP boosted its position in shares of Uranium Royalty by 890.9% during the fourth quarter. CenterBook Partners LP now owns 3,435,097 shares of the company's stock worth $7,523,000 after buying an additional 3,088,434 shares during the period. Jane Street Group LLC increased its stake in Uranium Royalty by 265.6% during the fourth quarter. Jane Street Group LLC now owns 149,809 shares of the company's stock worth $328,000 after purchasing an additional 108,836 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in Uranium Royalty during the 4th quarter worth approximately $30,000. 24.19% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on UROY. HC Wainwright dropped their price target on shares of Uranium Royalty from $7.70 to $4.50 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Raymond James began coverage on Uranium Royalty in a research note on Thursday, February 6th. They set an "outperform" rating for the company. Finally, National Bank Financial began coverage on Uranium Royalty in a report on Wednesday, February 12th. They set a "sector perform" rating on the stock.

Uranium Royalty Stock Up 2.6%

NASDAQ UROY traded up $0.06 on Friday, hitting $2.34. 1,858,306 shares of the stock were exchanged, compared to its average volume of 2,205,891. Uranium Royalty Corp. has a fifty-two week low of $1.43 and a fifty-two week high of $3.12. The company has a 50-day moving average price of $1.89 and a 200-day moving average price of $2.11. The company has a market cap of $312.71 million, a PE ratio of 78.03 and a beta of 1.28.

Uranium Royalty (NASDAQ:UROY - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). As a group, equities research analysts predict that Uranium Royalty Corp. will post 0.01 EPS for the current fiscal year.

Uranium Royalty 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.