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

Uranium Royalty (NASDAQ:UROY) released its quarterly earnings results on Thursday. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01), Zacks reports.

Uranium Royalty Stock Performance

Shares of NASDAQ:UROY opened at $1.73 on Friday. Uranium Royalty has a 52-week low of $1.69 and a 52-week high of $3.12. The firm has a market capitalization of $231.11 million, a P/E ratio of 57.69 and a beta of 1.17. The stock has a 50 day moving average price of $2.26 and a 200-day moving average price of $2.39.

Wall Street Analyst Weigh In

A number of research firms have commented on UROY. Raymond James began coverage on Uranium Royalty in a research report on Thursday, February 6th. They set an “outperform” rating for the company. HC Wainwright reaffirmed a “buy” rating and set a $7.70 price target on shares of Uranium Royalty in a research report on Thursday, December 19th. Finally, National Bank Financial began coverage on Uranium Royalty in a research report on Wednesday, February 12th. They set a “sector perform” rating for the company.

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.