Uranium Royalty (NASDAQ:UROY) Upgraded to “Strong-Buy” at B. Riley

Uranium Royalty (NASDAQ:UROY) was upgraded by stock analysts at B. Riley to a “strong-buy” rating in a research report issued on Sunday, Zacks.com reports.

Separately, HC Wainwright reaffirmed a “buy” rating and issued a $7.70 price objective on shares of Uranium Royalty in a research report on Tuesday, September 17th.

Uranium Royalty Trading Down 1.1 %

Uranium Royalty stock opened at $2.60 on Friday. The stock has a 50-day moving average price of $2.23 and a 200 day moving average price of $2.38. Uranium Royalty has a 52 week low of $1.86 and a 52 week high of $3.76. The stock has a market cap of $313.70 million, a PE ratio of 52.00 and a beta of 1.22.

Uranium Royalty (NASDAQ:UROY) last announced its quarterly earnings data on Thursday, September 12th. The company reported ($0.01) earnings per share (EPS) for the quarter. On average, equities analysts predict that Uranium Royalty will post 0.02 EPS for the current year.

Institutional Investors Weigh In On Uranium Royalty

A number of institutional investors have recently made changes to their positions in UROY. Natixis lifted its stake in Uranium Royalty by 7,771.0% in the first quarter. Natixis now owns 221,726 shares of the company’s stock valued at $532,000 after buying an additional 218,909 shares during the last quarter. Virtu Financial LLC acquired a new position in shares of Uranium Royalty in the 1st quarter valued at $110,000. Quadrature Capital Ltd increased its position in shares of Uranium Royalty by 80.6% in the fourth quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after acquiring an additional 20,057 shares in the last quarter. Acuitas Investments LLC acquired a new stake in Uranium Royalty during the 2nd quarter valued at $2,120,000. Finally, AE Wealth Management LLC acquired a new stake in Uranium Royalty during the 2nd quarter worth about $36,000. 24.19% of the stock is currently owned by institutional investors.

Uranium Royalty Company Profile

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.