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Uranium Royalty Corp (UROY) – Don’t Be So Quick to Call it Dead

Uranium Royalty Corp (NASDAQ: UROY) is -15.98% lower on its value in year-to-date trading and has touched a low of $1.57 and a high of $3.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UROY stock was last observed hovering at around $1.87 in the last trading session, with the day’s loss setting it -0.03%.

Currently trading at $1.84, the stock is 0.62% and -13.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -1.60% at the moment leaves the stock -21.24% off its SMA200. UROY registered -24.28% loss for a year compared to 6-month loss of -24.90%. The firm has a 50-day simple moving average (SMA 50) of $2.1467 and a 200-day simple moving average (SMA200) of $2.339475.

The stock witnessed a -9.80% gain in the last 1 month and extending the period to 3 months gives it a -13.62%, and is -6.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.25% over the week and 6.30% over the month.

Uranium Royalty Corp (UROY) has around 14 employees, a market worth around $245.90M and $17.00M in sales. Current P/E ratio is 224.39 and Fwd P/E is 132.95. Profit margin for the company is 5.13%. Distance from 52-week low is 17.57% and -41.03% from its 52-week high. The company has generated returns on investments over the last 12 months (0.42%).

with sales reaching $13.1M over the same period.The EPS is expected to shrink by -90.80% this year, but quarterly earnings will post -42.99% year-over-year.

87.0 institutions hold shares in Uranium Royalty Corp (UROY), with institutional investors hold 29.82% of the company’s shares. The shares outstanding are 133.59M, and float is at 112.58M with Short Float at 12.43%. Institutions hold 25.14% of the Float.

The top institutional shareholder in the company is MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. with over 7.13 million shares valued at $16.26 million. The investor’s holdings represent 5.9002 of the UROY Shares outstanding. As of 2024-06-30, the second largest holder is MMCAP INTERNATIONAL INC. SPC with 3.13 million shares valued at $7.03 million to account for 2.5869 of the shares outstanding. The other top investors are ALPS ADVISORS INC which holds 2.58 million shares representing 2.1325 and valued at over $5.8 million, while ACUITAS INVESTMENTS, LLC holds 0.7798 of the shares totaling 0.94 million with a market value of $2.12 million.

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