Cannell & Co. Buys Shares of 12,000 Uranium Royalty Corp. (NASDAQ:UROY)

Cannell & Co. purchased a new position in shares of Uranium Royalty Corp. (NASDAQ:UROY) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,000 shares of the company’s stock, valued at approximately $32,000.

Other institutional investors have also modified their holdings of the company. Per Stirling Capital Management LLC. acquired a new position in shares of Uranium Royalty in the third quarter valued at approximately $32,000. Financial Sense Advisors Inc. purchased a new stake in shares of Uranium Royalty during the fourth quarter worth $35,000. Anchor Investment Management LLC acquired a new stake in shares of Uranium Royalty in the fourth quarter valued at $40,000. Bailard Inc. purchased a new position in Uranium Royalty in the fourth quarter valued at $55,000. Finally, MMCAP International Inc. SPC purchased a new position in Uranium Royalty in the third quarter valued at $58,000. 24.19% of the stock is owned by institutional investors and hedge funds.

Uranium Royalty Price Performance

Shares of NASDAQ UROY opened at $2.46 on Friday. The company has a market cap of $295.96 million, a price-to-earnings ratio of 49.21 and a beta of 1.23. The stock’s 50-day moving average is $2.47 and its two-hundred day moving average is $2.75. Uranium Royalty Corp. has a 1-year low of $1.82 and a 1-year high of $3.76.

Uranium Royalty (NASDAQ:UROY) last released its earnings results on Friday, March 15th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $11.22 million for the quarter. Equities research analysts anticipate that Uranium Royalty Corp. will post 0.02 earnings per share for the current fiscal year.

About Uranium Royalty

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.