Uranium Royalty (NASDAQ:UROY) Now Covered by Analysts at National Bank Financial

National Bank Financial assumed coverage on shares of Uranium Royalty (NASDAQ:UROY) in a research report sent to investors on Wednesday morning, Marketbeat reports. The brokerage issued a sector perform rating on the stock.

Several other research firms also recently weighed in on UROY. Raymond James started coverage on Uranium Royalty in a research report on Thursday, February 6th. They set an “outperform” rating for the company. HC Wainwright restated a “buy” rating and issued a $7.70 target price on shares of Uranium Royalty in a research note on Thursday, December 19th.

Uranium Royalty Stock Performance

Shares of UROY stock opened at $2.34 on Wednesday. The stock has a 50 day moving average price of $2.34 and a 200 day moving average price of $2.40. Uranium Royalty has a 52-week low of $1.86 and a 52-week high of $3.12. The firm has a market capitalization of $312.60 million, a P/E ratio of 78.03 and a beta of 1.14.

Institutional Trading of Uranium Royalty

Several institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Uranium Royalty in the 4th quarter valued at about $30,000. Mountain Lake Investment Management LLC purchased a new position in Uranium Royalty during the fourth quarter valued at approximately $33,000. Brave Asset Management Inc. bought a new position in Uranium Royalty in the fourth quarter worth approximately $35,000. Geneos Wealth Management Inc. purchased a new stake in Uranium Royalty during the fourth quarter worth $43,000. Finally, National Bank of Canada FI boosted its position in Uranium Royalty by 149.4% during the 3rd quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock valued at $45,000 after acquiring an additional 11,075 shares in the last quarter. 24.19% of the stock is currently owned by institutional investors.

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.