Uranium Royalty (TSE:URC) Trading Down 2.7% - What's Next?

Uranium Royalty Corp. (TSE:URC - Get Free Report) shares dropped 2.7% on Friday . The company traded as low as C$2.53 and last traded at C$2.55. Approximately 128,675 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 196,383 shares. The stock had previously closed at C$2.62.

Analyst Upgrades and Downgrades

A number of research firms recently commented on URC. Raymond James set a C$4.50 price target on shares of Uranium Royalty and gave the stock an "outperform" rating in a report on Friday, February 7th. National Bank Financial raised shares of Uranium Royalty to a "hold" rating in a report on Tuesday, February 11th. Finally, National Bankshares set a C$4.25 price target on shares of Uranium Royalty and gave the company a "sector perform" rating in a research note on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$5.08.

Uranium Royalty Trading Up 3.2 %

The stock's fifty day moving average is C$2.53 and its two-hundred day moving average is C$3.16. The firm has a market cap of C$348.91 million, a P/E ratio of 48.97 and a beta of 1.69.

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.