Uranium Royalty Corp. (NASDAQ:UROY – Get Rating)'s share price fell 5.1% during mid-day trading on Tuesday . The stock traded as low as $2.22 and last traded at $2.25. 859,758 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 521,538 shares. The stock had previously closed at $2.37.
Wall Street Analyst Weigh In
Separately, HC Wainwright boosted their price target on shares of Uranium Royalty from $5.70 to $5.90 and gave the company a "buy" rating in a report on Tuesday, October 11th.
Get Uranium Royalty alerts:Uranium Royalty Trading Down 5.1 %
The stock has a market cap of $224.20 million, a P/E ratio of -32.14 and a beta of 1.83. The company's fifty day simple moving average is $2.48 and its 200-day simple moving average is $2.53.
Institutional Investors Weigh In On Uranium Royalty
Large investors have recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Uranium Royalty by 18.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,812,227 shares of the company's stock worth $15,108,000 after purchasing an additional 596,485 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of Uranium Royalty in the 1st quarter worth about $1,252,000. Jane Street Group LLC grew its holdings in shares of Uranium Royalty by 272.9% in the 1st quarter. Jane Street Group LLC now owns 170,396 shares of the company's stock worth $670,000 after purchasing an additional 124,700 shares during the last quarter. UBS Group AG grew its holdings in shares of Uranium Royalty by 74.1% in the 2nd quarter. UBS Group AG now owns 167,713 shares of the company's stock worth $381,000 after purchasing an additional 71,386 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new stake in shares of Uranium Royalty in the 2nd quarter worth about $206,000. Institutional investors own 6.82% of the company's stock.Uranium Royalty Company Profile
(Get Rating)
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 Workman Creek 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.
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