Riverwater Partners LLC Invests $27,000 in Uranium Royalty Corp. (NASDAQ:UROY)

Riverwater Partners LLC bought a new stake in Uranium Royalty Corp. (NASDAQ:UROY) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 12,281 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Smith Moore & CO. purchased a new position in Uranium Royalty during the 4th quarter worth approximately $48,000. National Bank of Canada FI increased its holdings in shares of Uranium Royalty by 259.9% in the 4th quarter. National Bank of Canada FI now owns 66,535 shares of the company’s stock valued at $146,000 after acquiring an additional 48,046 shares during the period. LPL Financial LLC raised its position in Uranium Royalty by 215.2% in the 4th quarter. LPL Financial LLC now owns 126,475 shares of the company’s stock valued at $277,000 after purchasing an additional 86,350 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in Uranium Royalty during the 4th quarter worth $30,000. Finally, Bailard Inc. increased its stake in Uranium Royalty by 25.4% in the fourth quarter. Bailard Inc. now owns 60,700 shares of the company’s stock valued at $133,000 after purchasing an additional 12,300 shares during the period. 24.19% of the stock is currently owned by institutional investors and hedge funds.

Uranium Royalty Stock Down 7.0 %

NASDAQ UROY opened at $1.60 on Friday. The stock has a market capitalization of $213.82 million, a P/E ratio of 53.35 and a beta of 1.21. Uranium Royalty Corp. has a 52-week low of $1.51 and a 52-week high of $3.12. The firm has a 50-day moving average price of $2.04 and a 200 day moving average price of $2.34.

Uranium Royalty (NASDAQ:UROY) last released its earnings results on Thursday, March 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01). On average, equities research analysts expect that Uranium Royalty Corp. will post 0.01 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on UROY. Raymond James started coverage on Uranium Royalty in a report on Thursday, February 6th. They set an “outperform” rating on the stock. National Bank Financial assumed coverage on Uranium Royalty in a research note on Wednesday, February 12th. They issued a “sector perform” rating on the stock. Finally, HC Wainwright restated a “buy” rating and set a $7.70 price target 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.