Uranium Royalty (NASDAQ:UROY) Releases Earnings Results, Meets Estimates

Uranium Royalty (NASDAQ:UROY) issued its earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01), Zacks reports.

Uranium Royalty Trading Down 2.3 %

UROY stock opened at $1.73 on Friday. Uranium Royalty has a 1-year low of $1.69 and a 1-year high of $3.12. The firm has a market cap of $231.11 million, a P/E ratio of 57.69 and a beta of 1.17. The business’s 50 day moving average is $2.26 and its 200-day moving average is $2.39.

Analysts Set New Price Targets

UROY has been the topic of a number of recent research reports. Raymond James initiated coverage on Uranium Royalty in a research note on Thursday, February 6th. They issued an “outperform” rating on the stock. HC Wainwright reaffirmed a “buy” rating and issued a $7.70 price target on shares of Uranium Royalty in a research report on Thursday, December 19th. Finally, National Bank Financial started coverage on Uranium Royalty in a research report on Wednesday, February 12th. They set a “sector perform” rating for the company.

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.