Uranium Royalty (NASDAQ:UROY) Posts Quarterly Earnings Results, Hits Expectations

Uranium Royalty (NASDAQ:UROY) posted its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01), Zacks reports.

Uranium Royalty Trading Down 2.3 %

Shares of UROY opened at $1.73 on Friday. The business’s fifty day simple moving average is $2.26 and its two-hundred day simple moving average is $2.39. Uranium Royalty has a 12 month low of $1.69 and a 12 month high of $3.12. The company has a market cap of $231.11 million, a price-to-earnings ratio of 57.69 and a beta of 1.17.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. HC Wainwright restated a “buy” rating and issued a $7.70 price target on shares of Uranium Royalty in a research note on Thursday, December 19th. National Bank Financial began coverage on Uranium Royalty in a research note on Wednesday, February 12th. They set a “sector perform” rating on the stock. Finally, Raymond James began coverage on Uranium Royalty in a research note on Thursday, February 6th. They set an “outperform” rating on the stock.

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.