Uranium Royalty (TSE:URC) Trading Up 2.9%

Uranium Royalty Corp. (TSE:URC) shares were up 2.9% during mid-day trading on Thursday . The company traded as high as C$3.59 and last traded at C$3.59. Approximately 86,511 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 244,148 shares. The stock had previously closed at C$3.49.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group upped their target price on Uranium Royalty from C$6.25 to C$6.75 and gave the stock a “speculative buy” rating in a report on Monday, February 12th.

Uranium Royalty Stock Performance

The business has a fifty day simple moving average of C$3.36 and a 200-day simple moving average of C$3.73. The firm has a market cap of C$431.63 million, a price-to-earnings ratio of 71.80 and a beta of 1.66.

Uranium Royalty (TSE:URC) last issued its quarterly earnings data on Friday, March 15th. The company reported C$0.03 earnings per share (EPS) for the quarter. Uranium Royalty had a return on equity of 2.34% and a net margin of 11.00%. The company had revenue of C$15.16 million during the quarter.

About Uranium Royalty

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.