Uranium Royalty Corp (NASDAQ: UROY) Is A Good Bet For Risk-Tolerant Investors

Uranium Royalty Corp (NASDAQ:UROY)’s traded shares stood at 1.12 million during the last session, with the company’s beta value hitting 1.44. At the close of trading, the stock’s price was $2.19, to imply an increase of 2.82% or $0.06 in intraday trading. The UROY share’s 52-week high remains $3.76, putting it -71.69% down since that peak but still an impressive 15.07% since price per share fell to its 52-week low of $1.86. The company has a valuation of $292.56M, with an average of 2.22 million shares in intraday trading volume over the past 10 days and average of 2.14 million shares over the past 3 months.

Uranium Royalty Corp (NASDAQ:UROY) trade information

After registering a 2.82% upside in the last session, Uranium Royalty Corp (UROY) has traded red over the past five days. The 5-day price performance for the stock is 2.82%, and -14.12% over 30 days. With these gigs, the year-to-date price performance is -18.89%. Short interest in Uranium Royalty Corp (NASDAQ:UROY) saw shorts transact 7.7 million shares and set a 3.99 days time to cover.

Uranium Royalty Corp (UROY) estimates and forecasts

Looking at statistics comparing Uranium Royalty Corp share performance against respective industry, we note that the company has underperformed competitors. Uranium Royalty Corp (UROY) shares are -4.78% down over the last 6 months, with its year-to-date growth rate lower than industry average at -83.33% against -3.00%. The rating firms project that company’s revenue will shrink -18.74% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 12.4M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 13.1M.

UROY Dividends

Uranium Royalty Corp has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

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

Uranium Royalty Corp insiders hold 22.45% of total outstanding shares, with institutional holders owning 22.80% of the shares at 29.40% float percentage. In total, 22.80% institutions holds shares in the company, led by MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.. As of 2024-06-30, the company held over 7.13 million shares (or 6.3342% of shares), all amounting to roughly $16.26 million.

The next major institution holding the largest number of shares is MMCAP INTERNATIONAL INC. SPC with 3.13 million shares, or about 2.7771% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $7.03 million.