Uranium Royalty's (UROY) "Sell (D+)" Rating Reaffirmed at Weiss Ratings

Key Points

• Uranium Royalty's stock is reaffirmed with a "sell (D+)" rating by Weiss Ratings, which indicates continued bearish sentiment from analysts.
• Analysts have mixed views on the stock, with one rating it as a Buy, two giving a Hold rating, and one assigning a Sell rating.
• The company reported earnings of $0.01 per share, surpassing expectations, with revenue significantly higher than anticipated at $28.90 million for the quarter.

Uranium Royalty (NASDAQ:UROY - Get Free Report)'s stock had its "sell (d+)" rating reiterated by equities researchers at Weiss Ratings in a report released on Friday,Weiss Ratings reports.

A number of other research firms have also weighed in on UROY. Raymond James Financial restated a "market perform" rating on shares of Uranium Royalty in a research note on Tuesday, September 23rd. Wall Street Zen upgraded shares of Uranium Royalty from a "sell" rating to a "hold" rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Uranium Royalty presently has an average rating of "Hold" and an average price target of $4.50.

Uranium Royalty Stock Up 0.8%

NASDAQ UROY traded up $0.03 during trading on Friday, hitting $4.03. The company had a trading volume of 5,302,334 shares, compared to its average volume of 5,656,679. Uranium Royalty has a one year low of $1.43 and a one year high of $5.37. The company's fifty day moving average is $3.67 and its 200-day moving average is $2.74.

Uranium Royalty (NASDAQ:UROY - Get Free Report) last issued its quarterly earnings results on Thursday, September 11th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. Uranium Royalty had a negative net margin of 2.90% and a negative return on equity of 0.56%. The company had revenue of $28.90 million during the quarter, compared to analysts' expectations of $9.49 million. Equities analysts expect that Uranium Royalty will post 0.01 earnings per share for the current year.

Hedge Funds Weigh In On Uranium Royalty

Several large investors have recently added to or reduced their stakes in UROY. Alps Advisors Inc. lifted its holdings in Uranium Royalty by 9.9% during the first quarter. Alps Advisors Inc. now owns 2,991,153 shares of the company's stock valued at $5,264,000 after purchasing an additional 269,810 shares in the last quarter. Private Advisor Group LLC bought a new stake in Uranium Royalty during the first quarter valued at about $27,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Uranium Royalty by 64.8% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,667 shares of the company's stock valued at $55,000 after acquiring an additional 12,064 shares during the period. XTX Topco Ltd raised its holdings in Uranium Royalty by 488.0% during the first quarter. XTX Topco Ltd now owns 134,515 shares of the company's stock valued at $237,000 after acquiring an additional 111,638 shares during the period. Finally, Virtu Financial LLC bought a new stake in Uranium Royalty during the first quarter valued at about $155,000. Hedge funds and other institutional investors own 24.19% of the company's stock.

About Uranium Royalty

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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