Uranium Royalty Corp. (NASDAQ:UROY) Shares Sold by Acuitas Investments LLC

Acuitas Investments LLC cut its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) by 10.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,012,976 shares of the company’s stock after selling 112,944 shares during the quarter. Uranium Royalty comprises about 1.9% of Acuitas Investments LLC’s investment portfolio, making the stock its 29th largest position. Acuitas Investments LLC owned approximately 0.76% of Uranium Royalty worth $2,218,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Fourth Sail Capital LP acquired a new position in Uranium Royalty during the third quarter worth about $1,428,000. Accordant Advisory Group Inc purchased a new stake in shares of Uranium Royalty during the 4th quarter worth approximately $624,000. Stifel Financial Corp acquired a new stake in shares of Uranium Royalty in the 3rd quarter worth approximately $388,000. XTX Topco Ltd acquired a new stake in shares of Uranium Royalty in the 3rd quarter worth approximately $251,000. Finally, Sanctuary Advisors LLC acquired a new position in Uranium Royalty during the third quarter worth $233,000. Hedge funds and other institutional investors own 24.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. National Bank Financial initiated coverage on Uranium Royalty in a report on Wednesday, February 12th. They issued a “sector perform” rating on the stock. 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. Finally, Raymond James initiated coverage on shares of Uranium Royalty in a research report on Thursday, February 6th. They set an “outperform” rating for the company.

Uranium Royalty Stock Down 5.2 %

Shares of NASDAQ:UROY opened at $2.21 on Tuesday. The company has a market capitalization of $295.23 million, a P/E ratio of 73.69 and a beta of 1.14. The stock’s fifty day simple moving average is $2.32 and its 200-day simple moving average is $2.40. Uranium Royalty Corp. has a 52-week low of $1.86 and a 52-week high of $3.12.

Uranium Royalty 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.