Uranium Royalty (NASDAQ:UROY - Get Free Report) posted its earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01), Zacks reports. The firm had revenue of $3.30 million during the quarter, compared to the consensus estimate of $9.49 million.
Uranium Royalty Stock Performance
Shares of UROY remained flat at $2.62 during mid-day trading on Friday. 2,743,476 shares of the stock traded hands, compared to its average volume of 2,496,428. The firm has a market capitalization of $350.14 million, a P/E ratio of -87.33 and a beta of 1.31. Uranium Royalty has a one year low of $1.43 and a one year high of $3.12. The stock has a 50 day moving average of $2.30 and a 200-day moving average of $2.12.
Institutional Investors Weigh In On Uranium Royalty
An institutional investor recently raised its position in Uranium Royalty stock. Goldman Sachs Group Inc. lifted its position in shares of Uranium Royalty Corp. (NASDAQ:UROY - Free Report) by 25.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 104,243 shares of the company's stock after buying an additional 21,118 shares during the quarter. Goldman Sachs Group Inc. owned about 0.08% of Uranium Royalty worth $183,000 as of its most recent SEC filing. Institutional investors and hedge funds own 24.19% of the company's stock.
Analyst Upgrades and Downgrades
Separately, HC Wainwright cut their target price on shares of Uranium Royalty from $7.70 to $4.50 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd.
Read Our Latest Analysis on Uranium Royalty
Uranium Royalty Company Profile
(
Get 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.
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