Uranium Royalty (TSE:URC) Trading 7.2% Higher – What’s Next?

Uranium Royalty Corp. (TSE:URCGet Free Report) shares shot up 7.2% on Friday . The company traded as high as C$3.53 and last traded at C$3.43. 101,121 shares traded hands during trading, a decline of 37% from the average session volume of 160,273 shares. The stock had previously closed at C$3.20.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. B. Riley upgraded Uranium Royalty to a “strong-buy” rating in a research note on Sunday, October 6th. Canaccord Genuity Group cut their target price on Uranium Royalty from C$6.75 to C$6.50 and set a “speculative buy” rating for the company in a research report on Tuesday, September 24th.

Check Out Our Latest Research Report on URC

Uranium Royalty Price Performance

The stock has a market cap of C$416.75 million, a P/E ratio of 49.00 and a beta of 1.69. The stock’s 50-day moving average is C$3.44 and its two-hundred day moving average is C$3.31.

About Uranium Royalty

(Get Free Report)

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.

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