Natixis Buys 218,909 Shares of Uranium Royalty Corp. (NASDAQ:UROY)

Natixis lifted its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) by 7,771.0% during the first quarter, HoldingsChannel.com reports. The firm owned 221,726 shares of the company’s stock after purchasing an additional 218,909 shares during the quarter. Natixis’ holdings in Uranium Royalty were worth $532,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UROY. Cannell & Co. purchased a new position in shares of Uranium Royalty in the 4th quarter worth about $32,000. Bailard Inc. purchased a new position in shares of Uranium Royalty in the 4th quarter worth about $55,000. HTLF Bank purchased a new position in shares of Uranium Royalty in the 4th quarter worth about $97,000. Quadrature Capital Ltd boosted its holdings in shares of Uranium Royalty by 80.6% in the 4th quarter. Quadrature Capital Ltd now owns 44,954 shares of the company’s stock worth $121,000 after purchasing an additional 20,057 shares in the last quarter. Finally, Spartan Fund Management Inc. purchased a new position in shares of Uranium Royalty in the 4th quarter worth about $246,000. 24.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, HC Wainwright reiterated a “buy” rating and issued a $7.70 price objective on shares of Uranium Royalty in a report on Monday, June 17th.

Uranium Royalty Stock Performance

UROY stock traded up $0.05 during trading on Friday, hitting $2.30. 321,893 shares of the company traded hands, compared to its average volume of 1,429,210. The firm has a market capitalization of $277.50 million, a PE ratio of 45.01 and a beta of 1.22. Uranium Royalty Corp. has a 1 year low of $2.02 and a 1 year high of $3.76. The company has a 50-day moving average of $2.46 and a 200-day moving average of $2.63.

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 San Rafael 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; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona.