The stock price of Uranium Royalty Corp (NASDAQ: UROY) has jumped by 3.12 compared to previous close of 2.89. Despite this, the company has seen a fall of -3.24% in its stock price over the last five trading days. prnewswire.com reported 2024-10-28 that DESIGNATED NEWS RELEASE VANCOUVER, BC, Oct. 28, 2024 /PRNewswire/ – Uranium Royalty Corp. (NASDAQ: UROY) (TSX: URC) (“URC” or the “Company”) is pleased to announce that it acquired an existing royalty on the Millennium and Cree Extension Uranium Projects in Saskatchewan, Canada (the “Projects”) from a third-party industrial gas company for total cash consideration of $6 million. Highlights: The acquired royalty is a net profit interest (NPI) of 10% on an approximate 20.6955% participating interest in the Projects.
Is It Worth Investing in Uranium Royalty Corp (NASDAQ: UROY) Right Now?
Uranium Royalty Corp (NASDAQ: UROY) has a price-to-earnings ratio of 45.15x that is above its average ratio. Additionally, the 36-month beta value for UROY is 1.51.
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The public float for UROY is 100.53M and currently, short sellers hold a 8.67% ratio of that float. The average trading volume of UROY on October 28, 2024 was 1.64M shares.
UROY’s Market Performance
UROY’s stock has seen a -3.24% decrease for the week, with a 20.65% rise in the past month and a 33.64% gain in the past quarter. The volatility ratio for the week is 5.89%, and the volatility levels for the past 30 days are at 5.66% for Uranium Royalty Corp. The simple moving average for the past 20 days is 8.78% for UROY’s stock, with a 17.33% simple moving average for the past 200 days.
Analysts’ Opinion of UROY
Many brokerage firms have already submitted their reports for UROY stocks, with B. Riley Securities repeating the rating for UROY by listing it as a “Buy.” The predicted price for UROY in the upcoming period, according to B. Riley Securities is $3.50 based on the research report published on October 07, 2024 of the current year 2024.
UROY Trading at 22.97% 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 -20.74% of loss for the given period.
Volatility was left at 5.66%, however, over the last 30 days, the volatility rate increased by 5.89%, as shares surge +21.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +35.68% upper at present.
During the last 5 trading sessions, UROY fell by -3.08%, which changed the moving average for the period of 200-days by +9.74% in comparison to the 20-day moving average, which settled at $2.74. In addition, Uranium Royalty Corp saw 10.37% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for UROY
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.34 for the gross margin
The net margin for Uranium Royalty Corp stands at 0.24. The total capital return value is set at 0.02. Equity return is now at value 4.61, with 4.59 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 -466.81. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 532.58.
Currently, EBITDA for the company is 7.1 million with net debt to EBITDA at -0.76. When we switch over and look at the enterprise to sales, we see a ratio of 11.64. The receivables turnover for the company is 19.22for trailing twelve months and the total asset turnover is 0.15. The liquidity ratio also appears to be rather interesting for investors as it stands at 159.25.
Conclusion
In conclusion, Uranium Royalty Corp (UROY) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
