Home  »  Company   »  Is Uranium Royalty Corp. (NASDAQ: UROY) a Risk-Wor...

Is Uranium Royalty Corp. (NASDAQ: UROY) a Risk-Worthy Bet for Bold Investors?

In the last trading session, 1.43 million Uranium Royalty Corp. (NASDAQ:UROY) shares changed hands as the company’s beta touched 1.83. With the company’s per share price at $2.92 changed hands at $0.05 or 1.74% during last session, the market valuation stood at $295.41M. UROY’s last price was a discount, traded about -5.14% off its 52-week high of $3.07. The share price had its 52-week low at $1.81, which suggests the last value was 38.01% up since then. When we look at Uranium Royalty Corp.’s average trading volume, we note the 10-day average is 1.27 million shares, with the 3-month average coming to 617.48K.

Analysts gave the Uranium Royalty Corp. (UROY) stock a consensus recommendation rating of a Buy. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended UROY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free

Uranium Royalty Corp. (NASDAQ:UROY) trade information

Instantly UROY was in green as seen at the end of in last trading. With action 14.06%, the performance over the past five days has been green. The jump to weekly highs of 3.02 on Monday, 09/18/23 added 1.74% to the stock’s daily price. The company’s shares are showing year-to-date upside of 23.21%, with the 5-day performance at 14.06% in the green. However, in the 30-day time frame, Uranium Royalty Corp. (NASDAQ:UROY) is 43.14% up. Looking at the short shares, we see there were 1.49 million shares sold at short interest cover period of 2.03 days.

The consensus price target for the stock as assigned by Wall Street analysts is $6.20, meaning bulls need an upside of 52.9% from its current market value. According to analyst projections, UROY’s forecast low is $6.20 with $6.20 as the target high. To hit the forecast high, the stock’s price needs a -112.33% plunge from its current level, while the stock would need to soar -112.33% for it to hit the projected low.

Uranium Royalty Corp. (UROY) estimates and forecasts

Data shows that the Uranium Royalty Corp. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 39.05% over the past 6 months, a 200.00% in annual growth rate that is considerably higher than the industry average of -7.00%.

UROY Dividends

Uranium Royalty Corp. is expected to release its next quarterly earnings report between December 12 and December 18.

Uranium Royalty Corp. (NASDAQ:UROY)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 17.95% of Uranium Royalty Corp. shares while 16.76% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 20.43%. There are 16.76% institutions holding the Uranium Royalty Corp. stock share, with Mirae Asset Global Investments Co., Ltd. the top institutional holder. As of Jun 29, 2023, the company held 4.16% of the shares, roughly 4.17 million UROY shares worth $8.34 million.

Sprott Inc. holds the second largest percentage of outstanding shares, with 0.72% or 0.72 million shares worth $1.44 million as of Jun 29, 2023.

Among Mutual Funds, the top two as of Aug 30, 2023 were Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. With 4.14 million shares estimated at $10.28 million under it, the former controlled 4.13% of total outstanding shares. On the other hand, Sprott Uranium Miners ETF held about 3.67% of the shares, roughly 3.69 million shares worth around $7.37 million.

On Key

Related Posts