Uranium Royalty (TSE:URC) Trading 1.6% Higher – Still a Buy?

Uranium Royalty Corp. (TSE:URC) shares rose 1.6% during trading on Tuesday . The company traded as high as C$2.64 and last traded at C$2.60. Approximately 110,760 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 192,406 shares. The stock had previously closed at C$2.56.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on URC shares. National Bank Financial upgraded Uranium Royalty to a “hold” rating in a report on Tuesday, February 11th. Raymond James set a C$4.50 price objective on shares of Uranium Royalty and gave the stock an “outperform” rating in a report on Friday, February 7th. Finally, National Bankshares set a C$4.25 target price on shares of Uranium Royalty and gave the stock a “sector perform” rating in a research report on Wednesday, February 12th. Two analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$5.08.

Uranium Royalty Trading Down 6.1 %

The company has a market cap of C$331.33 million, a PE ratio of 46.50 and a beta of 1.69. The firm has a 50 day moving average of C$2.96 and a two-hundred day moving average of C$3.30.

About Uranium Royalty

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.