Uranium Royalty (TSE:URC) Trading Down 5% – Time to Sell?

Uranium Royalty Corp. (TSE:URC)’s share price traded down 5% during mid-day trading on Friday . The company traded as low as C$3.43 and last traded at C$3.43. 850,376 shares were traded during mid-day trading, an increase of 299% from the average session volume of 213,077 shares. The stock had previously closed at C$3.61.

Analysts Set New Price Targets

Separately, B. Riley upgraded shares of Uranium Royalty to a “strong-buy” rating in a research report on Sunday, October 6th.

Uranium Royalty Stock Down 5.0 %

The company has a 50-day moving average of C$3.35 and a 200 day moving average of C$3.34. The stock has a market capitalization of C$416.75 million, a PE ratio of 49.00 and a beta of 1.69.

Uranium Royalty Company Profile

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.