Sage Investment Counsel LLC Takes $55,000 Position in Uranium Royalty Corp. (NASDAQ:UROY)

Sage Investment Counsel LLC acquired a new position in shares of Uranium Royalty Corp. (NASDAQ:UROY) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $55,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Fourth Sail Capital LP acquired a new position in Uranium Royalty during the third quarter worth about $1,428,000. Stifel Financial Corp bought a new stake in shares of Uranium Royalty during the 3rd quarter valued at approximately $388,000. National Bank of Canada FI increased 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 worth $45,000 after purchasing an additional 11,075 shares in the last quarter. XTX Topco Ltd bought a new position in Uranium Royalty in the 3rd quarter valued at approximately $251,000. Finally, Sanctuary Advisors LLC acquired a new stake in Uranium Royalty in the third quarter valued at approximately $233,000. 24.19% of the stock is currently owned by institutional investors.

Uranium Royalty Price Performance

UROY opened at $2.03 on Friday. Uranium Royalty Corp. has a fifty-two week low of $1.86 and a fifty-two week high of $3.12. The company’s 50 day moving average price is $2.29 and its two-hundred day moving average price is $2.40. The firm has a market capitalization of $271.19 million, a price-to-earnings ratio of 67.69 and a beta of 1.14.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. 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. Raymond James started coverage on Uranium Royalty in a research report on Thursday, February 6th. They set an “outperform” rating on the stock. Finally, HC Wainwright reiterated a “buy” rating and issued a $7.70 target price on shares of Uranium Royalty in a research report on Thursday, December 19th.

Uranium Royalty 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.