Bayshore Asset Management LLC Takes Position in Uranium Royalty Corp. (NASDAQ:UROY)

Bayshore Asset Management LLC bought a new stake in Uranium Royalty Corp. (NASDAQ:UROY) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 60,000 shares of the company’s stock, valued at approximately $147,000.

A number of other institutional investors have also recently bought and sold shares of UROY. AE Wealth Management LLC acquired a new stake in shares of Uranium Royalty during the 2nd quarter worth about $36,000. Murchinson Ltd. acquired a new position in Uranium Royalty in the 1st quarter valued at $51,000. Rathbones Group PLC bought a new stake in shares of Uranium Royalty during the 2nd quarter valued at $57,000. Virtu Financial LLC bought a new stake in shares of Uranium Royalty during the 1st quarter valued at $110,000. Finally, Quadrature Capital Ltd grew its holdings in shares of Uranium Royalty by 80.6% during the 4th quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after purchasing an additional 20,057 shares in the last quarter. Institutional investors and hedge funds own 24.19% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on UROY shares. HC Wainwright reaffirmed a “buy” rating and set a $7.70 price objective on shares of Uranium Royalty in a research report on Tuesday, September 17th. B. Riley started coverage on shares of Uranium Royalty in a research report on Monday, October 7th. They set a “buy” rating and a $3.50 price target on the stock.

Uranium Royalty Stock Up 3.7 %

Shares of UROY stock opened at $3.08 on Tuesday. The business has a fifty day simple moving average of $2.35 and a 200 day simple moving average of $2.40. The company has a market cap of $375.51 million, a P/E ratio of 51.34 and a beta of 1.22. Uranium Royalty Corp. has a twelve month low of $1.86 and a twelve month high of $3.76.

Uranium Royalty (NASDAQ:UROY) last posted its earnings results on Thursday, September 12th. The company reported ($0.01) EPS for the quarter. As a group, equities research analysts anticipate that Uranium Royalty Corp. will post 0.03 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.