Fourth Sail Capital LP Makes New $3.01 Million Investment in Uranium Royalty Corp. (NASDAQ:UROY)

Fourth Sail Capital LP bought a new position in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,114,641 shares of the company's stock, valued at approximately $3,010,000. Uranium Royalty accounts for 0.9% of Fourth Sail Capital LP's portfolio, making the stock its 20th largest position. Fourth Sail Capital LP owned about 0.99% of Uranium Royalty at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Per Stirling Capital Management LLC. purchased a new stake in Uranium Royalty in the third quarter worth $32,000. Cannell & Co. purchased a new stake in shares of Uranium Royalty in the 4th quarter worth about $32,000. Financial Sense Advisors Inc. bought a new position in shares of Uranium Royalty in the 4th quarter worth about $35,000. Anchor Investment Management LLC bought a new position in shares of Uranium Royalty in the 4th quarter worth about $40,000. Finally, Bailard Inc. purchased a new position in Uranium Royalty during the 4th quarter valued at about $55,000. Institutional investors own 24.19% of the company's stock.

Uranium Royalty Stock Up 2.2 %

Shares of UROY stock traded up $0.05 during trading hours on Wednesday, hitting $2.34. 2,407,490 shares of the company's stock traded hands, compared to its average volume of 1,745,902. The stock's fifty day simple moving average is $2.48 and its two-hundred day simple moving average is $2.76. Uranium Royalty Corp. has a 12-month low of $1.81 and a 12-month high of $3.76. The stock has a market cap of $281.53 million, a price-to-earnings ratio of 46.80 and a beta of 1.24.

Uranium Royalty (NASDAQ:UROY - Get Free Report) last released its earnings results on Friday, March 15th. The company reported $0.02 EPS for the quarter. The company had revenue of $11.22 million during the quarter. On average, equities analysts forecast that Uranium Royalty Corp. will post 0.02 earnings per share for the current fiscal year.

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.

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