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

Uranium Royalty (TSE:URC) has been assigned a C$4.50 target price by analysts at Raymond James in a report released on Friday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Raymond James’ target price would indicate a potential upside of 27.48% from the stock’s current price.

Uranium Royalty Price Performance

Shares of TSE URC opened at C$3.53 on Friday. Uranium Royalty has a 1 year low of C$2.53 and a 1 year high of C$4.30. The firm has a fifty day moving average price of C$3.35 and a 200-day moving average price of C$3.34. The stock has a market cap of C$428.90 million, a PE ratio of 50.43 and a beta of 1.69.

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.