Uranium Royalty Corp (UROY) Stock Showcases 8.95% 20-Day Moving Average

The stock of Uranium Royalty Corp (UROY) has seen a 6.10% increase in the past week, with a 6.10% gain in the past month, and a -12.71% decrease in the past quarter. The volatility ratio for the week is 4.58%, and the volatility levels for the past 30 days are at 4.99% for UROY. The simple moving average for the past 20 days is 8.95% for UROY’s stock, with a -2.70% simple moving average for the past 200 days.

Is It Worth Investing in Uranium Royalty Corp (NASDAQ: UROY) Right Now?

The price-to-earnings ratio for Uranium Royalty Corp (NASDAQ: UROY) is 62.00x, which is above its average ratio. Moreover, the 36-month beta value for UROY is 1.54.

The public float for UROY is 99.26M and currently, short sellers hold a 1.75% of that float. On May 10, 2024, UROY’s average trading volume was 1.50M shares.

UROY) stock’s latest price update

Uranium Royalty Corp (NASDAQ: UROY)’s stock price has soared by 3.98 in relation to previous closing price of 2.51. Nevertheless, the company has seen a gain of 6.10% in its stock price over the last five trading days. Proactive Investors reported 2024-04-03 that Global Energy Metals Corp (TSX-V:GEMC) has terminated its agreement with Fulcrum Metals Plc and struck a new deal with Terra Balcanica Resources Corp, securing compensation and a royalty over highly prospective uranium projects in Saskatchewan. The agreement’s termination marks a strategic move for Global Energy Metals, as it facilitated a new partnership between Fulcrum and Terra Balcanica Resources.

UROY Trading at 5.87% from the 50-Day Moving Average

After a stumble in the market that brought UROY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.59% of loss for the given period.

Volatility was left at 4.99%, however, over the last 30 days, the volatility rate increased by 4.58%, as shares surge +2.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.35% upper at present.

During the last 5 trading sessions, UROY rose by +6.10%, which changed the moving average for the period of 200-days by +20.83% in comparison to the 20-day moving average, which settled at $2.40. In addition, Uranium Royalty Corp saw -3.33% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for UROY

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.28 for the gross margin

The net margin for Uranium Royalty Corp stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 3.13, with 3.01 for asset returns.

Based on Uranium Royalty Corp (UROY), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -487.44. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 7.6.

Currently, EBITDA for the company is -3.54 million with net debt to EBITDA at -0.43. When we switch over and look at the enterprise to sales, we see a ratio of 9.63. The receivables turnover for the company is 13.33for trailing twelve months and the total asset turnover is 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 244.30.

Conclusion

To wrap up, the performance of Uranium Royalty Corp (UROY) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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