Sprott Inc. Has $1.83 Million Stock Holdings in Uranium Royalty Corp. (NASDAQ:UROY)

Sprott Inc. raised its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) by 108.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 834,478 shares of the company’s stock after purchasing an additional 433,682 shares during the quarter. Sprott Inc.’s holdings in Uranium Royalty were worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in UROY. Mountain Lake Investment Management LLC bought a new position in shares of Uranium Royalty during the 4th quarter worth approximately $33,000. Brave Asset Management Inc. acquired a new position in Uranium Royalty during the fourth quarter worth $35,000. Geneos Wealth Management Inc. bought a new position in shares of Uranium Royalty during the fourth quarter valued at $43,000. National Bank of Canada FI boosted its stake in shares of Uranium Royalty by 149.4% in the 3rd quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock valued at $45,000 after purchasing an additional 11,075 shares in the last quarter. Finally, Legato Capital Management LLC bought a new stake in shares of Uranium Royalty in the 4th quarter worth about $60,000. 24.19% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UROY has been the subject of several analyst reports. National Bank Financial assumed coverage on shares of Uranium Royalty in a report on Wednesday, February 12th. They set a “sector perform” rating for the company. HC Wainwright reiterated a “buy” rating and issued a $7.70 target price on shares of Uranium Royalty in a research note on Thursday, December 19th. Finally, Raymond James assumed coverage on Uranium Royalty in a research report on Thursday, February 6th. They set an “outperform” rating on the stock.

Uranium Royalty Stock Down 2.4 %

Shares of NASDAQ UROY opened at $2.04 on Wednesday. Uranium Royalty Corp. has a 12-month low of $1.86 and a 12-month high of $3.12. The firm’s 50-day simple moving average is $2.30 and its 200 day simple moving average is $2.41. The company has a market cap of $272.53 million, a price-to-earnings ratio of 68.02 and a beta of 1.14.

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.