How to Buy Uranium Royalty Stock
Uranium Royalty Corp
Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests.
Uranium Royalty stock last closed at $1.67, down 7.22% from the previous day, and has decreased 28.63% in one year. It has underperformed other stocks in the Uranium industry by 0.3 percentage points. Uranium Royalty stock is currently +16.78% from its 52-week low of $1.43, and -46.47% from its 52-week high of $3.12.
At the moment, there are 124.44M UROY shares outstanding. The market value of UROY is $207.82M. In the last 24 hours, 2.45M UROY shares were traded.
How to Buy Uranium Royalty Stock
Wondering how to invest in Uranium Royalty stock? Here's how.
- Decide where to buy Uranium Royalty stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Uranium Royalty stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Research Uranium Royalty stock: The Uranium Royalty ticker symbol is UROY. Is Uranium Royalty stock a good investment? Should you buy shares of UROY? How do UROY's underlying business fundamentals look? Do top analysts think Uranium Royalty is a good buy? Why has UROY's stock price moved recently? (Hint: Our stock market research tools can help you decide if UROY is a good stock to buy).
- Make your UROY purchase: Decide if you will purchase UROY shares at the current market price or use a limit order to purchase UROY stock at a specific price.
- Keep an eye on your UROY position: Create a watchlist to get live updates on your position in Uranium Royalty shares.
Step 1: Decide where to buy Uranium Royalty stock
You need a brokerage account in order to access the NASDAQ market and buy UROY stock.
Our preferred brokerage: eToro
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked your brokerage, you need to fill out some personal information so you are able to buy UROY today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to open a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on the best stock market app, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Research Uranium Royalty stock
After you have selected the best place to buy Uranium Royalty stock, it's crucial to research their stock prior to buying, so you actually comprehend the risk and upside.
Uranium Royalty quick stats
Uranium Royalty Overview
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on UROY's stock page.
Is UROY stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge UROY's fair value.
Using relative valuations metrics:
- UROY may be overvalued based on its P/E ratio of 119.29x, relative to Uranium industry P/E ratio of 87.44x
- UROY may be undervalued based on its P/B ratio of 0.99x, relative to Uranium industry P/B ratio of 3.25x
You can do additional valuation analysis on UROY's stock here.
UROY Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the UROY balance sheet.
- UROY has a low debt to equity ratio of 0.
- UROY has $12.26M in cash and short term investments. This is sufficient to cover its annual cash burn of $34.37M.
- There are more short-term assets than short-term liabilities on the UROY balance sheet.
Negative Financial Indicators:
- UROY profit margin has gone down from 15% to 4.7% in the past year.
- UROY has cash burn of 34371830. It does not have enough cash and short-term investments to cover this.
Do analysts think it's a good time to buy Uranium Royalty stock
Out of 1 sell side analysts who give ratings on UROY, the consensus analyst rating on Uranium Royalty is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Uranium Royalty stock forecast page.
UROY Momentum
UROY Growth Numbers
Last year, UROY earnings were $757.75k. During the last 1 years, UROY's earnings have grown by -68.89% per year. This was slower than the Uranium industry average of 11.49%.
Last year, UROY revenue was $16.29M. In the last one years, UROY's revenue has gone up by -51.44% per year. This was slower than the Uranium industry average of 22.84%.
Dive into UROY's earnings and revenue performance here.
Who is buying/selling UROY?
In the past year, executives and large shareholders at UROY have not bought or sold any shares.
Learn more about who owns UROY shares here.
Does UROY provide a stable income stream?
No, Uranium Royalty doesn't provide an income stream by paying out dividends.
What do other investors have to say about UROY?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Make your UROY purchase
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at an exact dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you want additional help with buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your UROY position
Now that you own some UROY shares, you'll want to stay up-to-date on your new shares.
Start a watchlist to see the latest developments about your UROY stock.
UROY Feed
How to Buy Stock in Uranium Royalty
To reiterate, here are the 6 steps for buying Uranium Royalty stock:
- Decide where to buy Uranium Royalty stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Uranium Royalty stock
- Make your UROY purchase
- Keep an eye on your UROY position
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Uranium Royalty, create a watchlist today.
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