Uranium Royalty (TSE:URC) Stock Price Down 1.9% - Here's Why

Key Points

• Uranium Royalty Corp. (TSE:URC) shares fell by 1.9% to C$3.55 on Monday, with trading volume significantly decreased at 103,651 shares, down 46% from the average.
• The company has a market capitalization of C$480.09 million and a PE ratio of 67.38, reflecting its valuation in the market.
• Uranium Royalty focuses on investments in uranium interests through various financial instruments, including royalties, streams, and physical uranium holdings.

Uranium Royalty Corp. (TSE:URC - Get Free Report) was down 1.9% during trading on Monday . The stock traded as low as C$3.54 and last traded at C$3.55. Approximately 103,651 shares traded hands during mid-day trading, a decline of 46% from the average daily volume of 193,151 shares. The stock had previously closed at C$3.62.

Uranium Royalty Trading Down 0.3%

The firm has a market capitalization of C$484.15 million, a P/E ratio of 67.95 and a beta of 1.69. The company's fifty day simple moving average is C$3.47 and its 200 day simple moving average is C$3.02.

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.