Raymond James Reiterates C$4.50 Price Target for Uranium Royalty (TSE:URC)

Raymond James set a C$4.50 price target on Uranium Royalty (TSE:URC) in a research note issued to investors on Friday,BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Uranium Royalty Trading Down 0.3 %

Shares of TSE URC opened at C$3.52 on Friday. Uranium Royalty has a 12-month low of C$2.53 and a 12-month high of C$4.30. The company has a market cap of C$427.68 million, a price-to-earnings ratio of 50.29 and a beta of 1.69. The stock’s 50 day simple moving average is C$3.35 and its 200 day simple moving average is C$3.34.

Uranium Royalty Company Profile

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.