Prepare Yourself for Liftoff: Uranium Royalty Corp. (UROY)

With 1.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.59 million shares. During the session, the Uranium company that operates in wider Energy sector, reached to the highest price of $3.0200 whereas the lowest price it dropped to was $2.8201. The 52-week range on UROY shows that it touched its highest point at $3.07 and its lowest point at $1.81 during that stretch. Beta for the stock currently stands at 1.84.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of UROY was up-trending over the past week, with a rise of 15.26%, but this was up by 40.69% over a month. Three-month performance surged to 33.49% while six-month performance rose 40.00%. The stock lost -3.04% in the past year, while it has gained 21.10% so far this year.

Float and Shares Shorts:

At present, 101.17 million UROY shares are outstanding with a float of 82.05 million shares on hand for trading. On Aug 30, 2023, short shares totaled 1.49 million, which was 1.48% higher than short shares on Jul 30, 2023. In addition to Mr. Scott Eric Melbye as the firm’s CEO, Pres & Director, Ms. Josephine Man serves as its CFO & Corp. Sec.

Institutional Ownership:

Through their ownership of 16.76% of UROY’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of UROY, in contrast to — held by mutual funds. Shares owned by individuals account for –. With a 4.23% stake in UROY, the Global X Uranium ETF is the largest stakeholder. A total of 4,247,976 shares are owned by the mutual fund manager. The Sprott Uranium Miners ETF, which owns about 3.79% of UROY stock, is the second-largest Mutual Fund holder. It holds 3,804,407 shares valued at 9.43 million. Structured Solutions – Next Gener holds 2.24% of the stake in UROY, owning 2,250,000 shares worth 5.58 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for UROY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With UROY analysts setting a high price target of $6.20 and a low target of $6.20, the average target price over the next 12 months is $6.20. Based on these targets, UROY could surge 116.03% to reach the target high and rise by 116.03% to reach the target low. Reaching the average price target will result in a growth of 116.03% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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