Uranium Royalty Corp (NASDAQ: UROY)’s Stock Is Up 30.08%, A Prediction For What Could Come Next

During the recent session, Uranium Royalty Corp (NASDAQ:UROY)’s traded shares were 0.47 million, with the beta value of the company hitting 1.47. At the last check today, the stock’s price was $2.66, reflecting an intraday loss of -0.75% or -$0.02. The 52-week high for the UROY share is $3.76, that puts it down -41.35 from that peak though still a striking 30.08% gain since the share price plummeted to a 52-week low of $1.86. The company’s market capitalization is $454.65M, and the average intraday trading volume over the past 10 days was 2.31 million shares, and the average trade volume was 1.89 million shares over the past three months.

Uranium Royalty Corp (NASDAQ:UROY) trade information

Uranium Royalty Corp (UROY) registered a -0.75% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.75% in intraday trading to $2.66, hitting a weekly high. The stock’s 5-day price performance is 3.91%, and it has moved by -9.22% in 30 days. Based on these gigs, the overall price performance for the year is -14.19%. The short interest in Uranium Royalty Corp (NASDAQ:UROY) is 8.83 million shares and it means that shorts have 6.33 day(s) to cover.

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Uranium Royalty Corp (UROY) estimates and forecasts

Statistics show that Uranium Royalty Corp has underperformed its competitors in share price, compared to the industry in which it operates. Uranium Royalty Corp (UROY) shares have gone down -1.48% during the last six months, with a year-to-date growth rate less than the industry average at -50.00% against -9.10. In the rating firms’ projections, revenue will decrease -18.15% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 11.2M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 12.4M by the end of current fiscal year.

While earnings are projected to return -37.89% in 2024.

UROY Dividends

Uranium Royalty Corp is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Uranium Royalty Corp insiders own 16.85% of total outstanding shares while institutional holders control 22.73%, with the float percentage being 27.33%. MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. is the largest shareholder of the company, while 81.0 institutions own stock in it. As of 2024-06-30, the company held over 7.13 million shares (or 6.3342% of all shares), a total value of $16.26 million in shares.

The next largest institutional holding, with 3.13 million shares, is of MMCAP INTERNATIONAL INC. SPC’s that is approximately 2.7771% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $7.03 million.

Also, the Mutual Funds coming in first place with the largest holdings of Uranium Royalty Corp (UROY) shares are Global X Fds-Global X Uranium ETF and Sprott Uranium Miners ETF. Data provided on Sep 30, 2024 indicates that Global X Fds-Global X Uranium ETF owns about 6.58 shares. This amounts to just over 5.29 percent of the company’s overall shares, with a $17.48 million market value. The same data shows that the other fund manager holds slightly less at 4.46, or about 3.58% of the stock, which is worth about $11.84 million.