Acuitas Investments LLC Buys Shares of 942,109 Uranium Royalty Corp. (NASDAQ:UROY)

Acuitas Investments LLC purchased a new stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 942,109 shares of the company’s stock, valued at approximately $2,120,000. Acuitas Investments LLC owned about 0.78% of Uranium Royalty as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in UROY. Murchinson Ltd. purchased a new position in shares of Uranium Royalty in the 1st quarter worth $51,000. Quadrature Capital Ltd boosted its holdings in shares of Uranium Royalty by 80.6% in the fourth quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after buying an additional 20,057 shares during the last quarter. Virtu Financial LLC bought a new stake in Uranium Royalty during the first quarter valued at approximately $110,000. Spartan Fund Management Inc. bought a new stake in Uranium Royalty during the fourth quarter valued at approximately $246,000. Finally, MMCAP International Inc. SPC increased its stake in shares of Uranium Royalty by 502.7% in the 4th quarter. MMCAP International Inc. SPC now owns 124,600 shares of the company’s stock worth $329,000 after purchasing an additional 103,926 shares in the last quarter. 24.19% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, HC Wainwright restated a “buy” rating and set a $7.70 target price on shares of Uranium Royalty in a research note on Monday, June 17th.

Uranium Royalty Trading Down 0.3 %

NASDAQ UROY opened at $1.93 on Friday. Uranium Royalty Corp. has a 12 month low of $1.92 and a 12 month high of $3.76. The stock has a market cap of $233.79 million, a PE ratio of 38.61 and a beta of 1.21. The stock’s 50 day moving average is $2.25 and its 200 day moving average is $2.42.

Uranium Royalty (NASDAQ:UROY) last posted its earnings results on Wednesday, July 24th. The company reported $0.02 earnings per share for the quarter. The company had revenue of $9.01 million for the quarter. On average, analysts forecast that Uranium Royalty Corp. will post 0.05 EPS 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.