Uranium Royalty (TSE:URC) Sets New 1-Year High - Here's Why

Key Points

• Uranium Royalty Corp. (TSE:URC) recently reached a new 52-week high of C$4.52, indicating significant interest and trading activity with a volume of 56,425 shares.
• The company has a market capitalization of C$576.11 million and operates primarily by making investments in uranium interests, including royalties and physical uranium holdings.
• Currently, Uranium Royalty has a price-to-earnings ratio of 80.86 and a beta of 1.69, suggesting higher volatility compared to the market.

Uranium Royalty Corp. (TSE:URC - Get Free Report) shares hit a new 52-week high on Friday . The company traded as high as C$4.52 and last traded at C$4.37, with a volume of 56425 shares changing hands. The stock had previously closed at C$4.24.

Uranium Royalty Trading Up 1.9%

The company has a market cap of C$577.32 million, a price-to-earnings ratio of -108.00 and a beta of 1.48. The business has a fifty day moving average price of C$3.64 and a two-hundred day moving average price of C$3.06.

About Uranium Royalty

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.