Sprott Inc. Purchases 433,682 Shares of Uranium Royalty Corp. (NASDAQ:UROY)

Sprott Inc. lifted its position in Uranium Royalty Corp. (NASDAQ:UROY) by 108.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 834,478 shares of the company’s stock after buying an additional 433,682 shares during the quarter. Sprott Inc. owned about 0.62% of Uranium Royalty worth $1,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of UROY. Fourth Sail Capital LP acquired a new position in Uranium Royalty during the 3rd quarter worth $1,428,000. Stifel Financial Corp bought a new position in shares of Uranium Royalty in the third quarter worth about $388,000. National Bank of Canada FI lifted its position in shares of Uranium Royalty by 149.4% during the 3rd quarter. National Bank of Canada FI now owns 18,489 shares of the company’s stock worth $45,000 after purchasing an additional 11,075 shares during the last quarter. XTX Topco Ltd bought a new stake in Uranium Royalty during the 3rd quarter valued at approximately $251,000. Finally, Sanctuary Advisors LLC acquired a new stake in Uranium Royalty in the 3rd quarter valued at approximately $233,000. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Trading Down 2.4 %

Shares of NASDAQ:UROY opened at $2.04 on Wednesday. The firm has a market capitalization of $272.53 million, a PE ratio of 68.02 and a beta of 1.14. Uranium Royalty Corp. has a 1-year low of $1.86 and a 1-year high of $3.12. The business’s 50 day moving average is $2.30 and its 200-day moving average is $2.41.

Analysts Set New Price Targets

A number of brokerages have recently commented on UROY. Raymond James began coverage on Uranium Royalty in a report on Thursday, February 6th. They set an “outperform” rating for the company. HC Wainwright reissued a “buy” rating and issued a $7.70 price target on shares of Uranium Royalty in a report on Thursday, December 19th. Finally, National Bank Financial initiated coverage on shares of Uranium Royalty in a research report on Wednesday, February 12th. They issued a “sector perform” rating on the stock.

Uranium Royalty Company Profile

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.