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

Key Points

• Uranium Royalty Corp. (TSE:URC) reached a new 52-week high, trading at C$4.60 before closing at C$4.55, marking a 14.3% increase.
• The company's market capitalization stands at C$661.51 million, with a significant P/E ratio of -495.00.
• Uranium Royalty focuses on investments in uranium interests, including royalties, streams, and holdings of physical uranium.

Uranium Royalty Corp. (TSE:URC - Get Free Report) hit a new 52-week high during trading on Monday . The company traded as high as C$4.60 and last traded at C$4.55, with a volume of 63998 shares trading hands. The stock had previously closed at C$4.33.

Uranium Royalty Trading Up 3.6%

The business has a 50-day moving average price of C$4.04 and a 200 day moving average price of C$3.22. The stock has a market cap of C$686.90 million, a PE ratio of -514.00 and a beta of 1.68.

Uranium Royalty Company Profile

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.