Uranium Royalty (TSE:URC) Stock Price Up 1.6% – Here’s What Happened

Uranium Royalty Corp. (TSE:URC) traded up 1.6% on Tuesday . The company traded as high as C$2.64 and last traded at C$2.60. 110,760 shares changed hands during trading, a decline of 42% from the average session volume of 192,406 shares. The stock had previously closed at C$2.56.

Analysts Set New Price Targets

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

Uranium Royalty Stock Performance

The stock has a market cap of C$351.61 million, a P/E ratio of 49.35 and a beta of 1.69. The stock has a fifty day simple moving average of C$3.01 and a 200-day simple moving average of C$3.31.

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.