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

Uranium Royalty (NASDAQ:UROY) announced its earnings results on Thursday. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01), Zacks reports.

Uranium Royalty Stock Performance

Shares of NASDAQ UROY opened at $1.73 on Friday. The firm has a market cap of $231.11 million, a price-to-earnings ratio of 57.69 and a beta of 1.17. The business’s 50-day simple moving average is $2.26 and its 200-day simple moving average is $2.39. Uranium Royalty has a 52 week low of $1.69 and a 52 week high of $3.12.

Analysts Set New Price Targets

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

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.