Uranium Royalty Corp. (NASDAQ:UROY – Get Free Report) shot up 3% on Monday . The stock traded as high as $2.11 and last traded at $2.09. 339,278 shares were traded during mid-day trading, a decline of 31% from the average session volume of 491,903 shares. The stock had previously closed at $2.03.
Uranium Royalty Stock Performance
The company has a market capitalization of $209.77 million, a price-to-earnings ratio of -52.25 and a beta of 1.77. The firm has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $2.18.
Hedge Funds Weigh In On Uranium Royalty
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Millennium Management LLC grew its position in shares of Uranium Royalty by 903.8% during the fourth quarter. Millennium Management LLC now owns 626,251 shares of the company’s stock worth $1,484,000 after buying an additional 563,865 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Uranium Royalty during the first quarter worth about $1,252,000. Jane Street Group LLC grew its position in shares of Uranium Royalty by 272.9% during the first quarter. Jane Street Group LLC now owns 170,396 shares of the company’s stock worth $670,000 after buying an additional 124,700 shares in the last quarter. UBS Group AG grew its position in shares of Uranium Royalty by 74.1% during the second quarter. UBS Group AG now owns 167,713 shares of the company’s stock worth $381,000 after buying an additional 71,386 shares in the last quarter. Finally, Vident Investment Advisory LLC lifted its stake in Uranium Royalty by 39.3% during the fourth quarter. Vident Investment Advisory LLC now owns 152,010 shares of the company’s stock worth $358,000 after purchasing an additional 42,921 shares during the last quarter. 6.09% of the stock is owned by institutional investors and hedge funds.
Uranium Royalty Company Profile
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 Workman Creek 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.
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