Alps Advisors Inc. Sells 157,682 Shares of Uranium Royalty Corp. $UROY

Alps Advisors Inc. reduced its stake in Uranium Royalty Corp. (NASDAQ:UROY) by 4.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,147,535 shares of the company’s stock after selling 157,682 shares during the period. Alps Advisors Inc. owned 2.35% of Uranium Royalty worth $13,534,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Apollon Wealth Management LLC bought a new position in shares of Uranium Royalty in the 2nd quarter worth approximately $25,000. Corient Private Wealth LLC purchased a new stake in Uranium Royalty in the second quarter worth $29,000. Thompson Davis & CO. Inc. bought a new position in Uranium Royalty in the second quarter worth $33,000. Riverwater Partners LLC purchased a new position in Uranium Royalty during the second quarter valued at $33,000. Finally, Integrity Alliance LLC. lifted its position in Uranium Royalty by 36.4% during the second quarter. Integrity Alliance LLC. now owns 15,788 shares of the company’s stock valued at $39,000 after buying an additional 4,212 shares during the period. 24.19% of the stock is owned by institutional investors.

Uranium Royalty Trading Up 5.1%

NASDAQ:UROY opened at $3.95 on Monday. The company’s 50 day moving average price is $4.06 and its 200-day moving average price is $3.74. Uranium Royalty Corp. has a 52 week low of $1.43 and a 52 week high of $5.52.

Uranium Royalty (NASDAQ:UROY) last released its quarterly earnings data on Thursday, December 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The business had revenue of $0.03 million during the quarter. Uranium Royalty had a net margin of 1.95% and a negative return on equity of 1.26%. Sell-side analysts expect that Uranium Royalty Corp. will post 0.01 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on UROY shares. Zacks Research downgraded shares of Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 26th. Raymond James Financial restated a “market perform” rating on shares of Uranium Royalty in a report on Wednesday, January 14th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Uranium Royalty in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $4.50.

Uranium Royalty Company Profile

Uranium Royalty Corp. is a Vancouver-based mineral rights acquisition, royalty and streaming company focused exclusively on the uranium sector. Established in early 2021 and listed on the NASDAQ under the symbol UROY, the company seeks to provide investors with leveraged exposure to uranium prices without direct mining risk. Rather than owning or operating mines, Uranium Royalty acquires long-term royalties and streams on both production and development-stage uranium projects worldwide.

The company’s diversified portfolio encompasses royalty interests across multiple jurisdictions, including Canada, the United States, South America, Central Asia and Australia.