Uranium Royalty Acquires Existing Royalty on Camecos Advanced Stage Millennium and Cree Extension Uranium Projects
UROY Stock | USD 2.13 0.05 2.29% |
Slightly above 61% of Uranium Royalty's investor base is looking to short. The analysis of overall sentiment of trading Uranium Royalty Corp stock suggests that many investors are alarmed at this time. Uranium Royalty's investing sentiment can be driven by a variety of factors including economic data, Uranium Royalty's earnings reports, geopolitical events, and overall market trends.
Uranium |
Uranium Royalty Corp. is pleased to announce that it acquired an existing royalty on the Millennium and Cree Extension Uranium Projects in Saskatchewan, Canada from a third-party industrial gas company for total cash consideration of 6 million.
Read at finance.yahoo.com
Uranium Royalty Investor Sentiment by Other News Outlets
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Uranium Royalty Fundamental Analysis
We analyze Uranium Royalty's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Uranium Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Uranium Royalty based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Uranium Royalty is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Uranium Royalty Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Uranium Royalty stock to make a market-neutral strategy. Peer analysis of Uranium Royalty could also be used in its relative valuation, which is a method of valuing Uranium Royalty by comparing valuation metrics with similar companies.
Peers
Uranium Royalty Related Equities
URG | Ur Energy | 0.88 | ||||
EU | EnCore Energy | 0.29 | ||||
UUUU | Energy Fuels | 0.93 | ||||
CCJ | Cameco Corp | 0.98 | ||||
NXE | NexGen Energy | 1.29 | ||||
FCUUF | Fission Uranium | 1.96 | ||||
DNN | Denison Mines | 3.59 |
Additional Tools for Uranium Stock Analysis
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