Is Uranium Royalty Corp (NASDAQ: UROY)’s Stock Ready To Increase In Value?

In the last trading session, 2.83 million shares of the Uranium Royalty Corp (NASDAQ:UROY) were traded, and its beta was 1.48. Most recently the company’s share price was $2.77, and it changed around $0.06 or 2.21% from the last close, which brings the market valuation of the company to $470.70M. UROY currently trades at a discount to its 52-week high of $3.76, offering almost -35.74% off that amount. The share price’s 52-week low was $1.86, which indicates that the current value has risen by an impressive 32.85% since then. We note from Uranium Royalty Corp’s average daily trading volume that its 10-day average is 2.22 million shares, with the 3-month average coming to 1.82 million.

Uranium Royalty Corp stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended UROY as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Uranium Royalty Corp (NASDAQ:UROY) trade information

Instantly UROY has showed a green trend with a performance of 2.21% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.83 on recent trading dayincreased the stock’s daily price by 2.12%. The company’s shares are currently up 2.59% year-to-date, but still up 4.14% over the last five days. On the other hand, Uranium Royalty Corp (NASDAQ:UROY) is -10.06% down in the 30-day period. We can see from the shorts that 8.83 million shares have been sold at a short interest cover period of 6.33 day(s).

Uranium Royalty Corp (UROY) estimates and forecasts

Uranium Royalty Corp share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -1.07 percent over the past six months and at a -50.00% annual growth rate that is well below the industry average of -7.00%.

UROY Dividends

Uranium Royalty Corp’s next quarterly earnings report is expected to be released in December.

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

Upon looking at major shareholders, it appears that insiders hold 16.85% of Uranium Royalty Corp shares, and 22.32% of them are in the hands of institutional investors. The stock currently has a share float of 26.85%. Uranium Royalty Corp stock is held by 81.0 institutions, with MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. being the largest institutional investor. By 2024-06-30, it held 6.3342% of the shares, which is about 7.13 million shares worth $16.26 million.

MMCAP INTERNATIONAL INC. SPC, with 2.7771% or 3.13 million shares worth $7.03 million as of 2024-06-30, holds the second largest percentage of outstanding shares.