Uranium Royalty (TSE:URC) Reaches New 12-Month Low – Should You Sell?

Uranium Royalty Corp. (TSE:URC) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$2.31 and last traded at C$2.33, with a volume of 147182 shares trading hands. The stock had previously closed at C$2.47.

Analyst Upgrades and Downgrades

A number of research firms have commented on URC. National Bankshares set a C$4.25 price objective on shares of Uranium Royalty and gave the stock a “sector perform” rating in a report on Wednesday, February 12th. National Bank Financial raised shares of Uranium Royalty to a “hold” rating in a research report on Tuesday, February 11th. Finally, Raymond James set a C$4.50 price objective on Uranium Royalty and gave the company an “outperform” rating in a report on Friday, February 7th. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$5.08.

Uranium Royalty Price Performance

The stock’s fifty day simple moving average is C$3.24 and its two-hundred day simple moving average is C$3.34. The company has a market capitalization of C$311.04 million, a price-to-earnings ratio of 43.66 and a beta of 1.69.

About Uranium Royalty

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.