Uranium Royalty (NASDAQ:UROY) Earns Sell (D+) Rating from Weiss Ratings

Key Points

• Uranium Royalty Corp. (NASDAQ: UROY) has been rated "sell (D+)" by Weiss Ratings, while other analysts provide mixed ratings with an average of "Hold" and a price target of $4.50.
• The company reported a quarterly earnings per share of $0.01, outperforming expectations, with revenues significantly exceeding analyst projections at $28.90 million.
• Recent institutional activity shows an increasing interest in Uranium Royalty, with significant share purchases by firms such as MIRAE ASSET GLOBAL and XTX Topco, indicating 24.19% of the stock is now held by institutional investors.

Uranium Royalty (NASDAQ:UROY - Get Free Report)'s stock had its "sell (d+)" rating restated by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

UROY has been the subject of several other research reports. Raymond James Financial reaffirmed a "market perform" rating on shares of Uranium Royalty in a report on Tuesday, September 23rd. Wall Street Zen raised Uranium Royalty from a "sell" rating to a "hold" rating in a report on Saturday, September 13th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $4.50.

Uranium Royalty Price Performance

Shares of NASDAQ UROY traded down $0.09 during trading hours on Wednesday, hitting $4.12. 2,769,207 shares of the company's stock were exchanged, compared to its average volume of 3,236,346. Uranium Royalty has a 1-year low of $1.43 and a 1-year high of $4.70. The company's 50-day moving average price is $3.30 and its 200-day moving average price is $2.54.

Uranium Royalty (NASDAQ:UROY - Get Free Report) last posted its quarterly earnings data on Thursday, September 11th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The business had revenue of $28.90 million during the quarter, compared to analysts' expectations of $9.49 million. Uranium Royalty had a negative return on equity of 0.56% and a negative net margin of 2.90%. Research analysts anticipate that Uranium Royalty will post 0.01 EPS for the current year.

Institutional Investors Weigh In On Uranium Royalty

A number of large investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Uranium Royalty by 5.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,590,834 shares of the company's stock worth $13,718,000 after acquiring an additional 361,238 shares during the last quarter. Alps Advisors Inc. boosted its position in Uranium Royalty by 9.9% in the 1st quarter. Alps Advisors Inc. now owns 2,991,153 shares of the company's stock valued at $5,264,000 after buying an additional 269,810 shares during the last quarter. Accordant Advisory Group Inc boosted its position in Uranium Royalty by 4.6% in the 2nd quarter. Accordant Advisory Group Inc now owns 2,441,702 shares of the company's stock valued at $6,104,000 after buying an additional 107,216 shares during the last quarter. Vident Advisory LLC boosted its position in Uranium Royalty by 47.1% in the 2nd quarter. Vident Advisory LLC now owns 1,480,151 shares of the company's stock valued at $3,700,000 after buying an additional 474,030 shares during the last quarter. Finally, XTX Topco Ltd boosted its position in Uranium Royalty by 488.0% in the 1st quarter. XTX Topco Ltd now owns 134,515 shares of the company's stock valued at $237,000 after buying an additional 111,638 shares during the last quarter. 24.19% of the stock is currently owned by institutional investors.

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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