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 $2.32, up 3.57% from the previous day, and has decreased 36.26% in one year. It has underperformed other stocks in the Uranium industry by 0.5 percentage points. Uranium Royalty stock is currently +24.73% from its 52-week low of $1.86, and -38.3% from its 52-week high of $3.76.
At the moment, there are 124.44M UROY shares outstanding. The market value of UROY is $288.70M. In the last 24 hours, 1.86M 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.
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 53.95x, relative to Uranium industry P/E ratio of 48.56x
- UROY may be undervalued based on its P/B ratio of 1.44x, relative to Uranium industry P/B ratio of 4.39x
- UROY may be overvalued based on its PEG ratio of 1.32x
You can access additional valuation analysis on UROY's stock here.
A look at UROY Cashflows and Balance Sheet
Positive Financial Indicators:
- UROY has a low debt to equity ratio of 0.07.
- UROY profit margin has gone up from 4.5% to 17% in the past year.
- There are more short-term assets than long-term liabilities on the UROY balance sheet.
- There are more short-term assets than short-term liabilities on the UROY balance sheet.
Negative Financial Indicators:
- UROY has cash burn of 86912857. It does not have sufficient cash and short-term investments to cover this.
- UROY has $15.03M in cash and short term investments. This is not enough to cover its annual cash burn of $86.91M.
Do analysts think it's a good time to buy Uranium Royalty stock
Out of 2 sell side analysts who give recommendations on UROY, the consensus analyst rating on UROY is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Uranium Royalty stock forecast page.
UROY Momentum
UROY Performance Numbers
Last year, UROY earnings were $4.65M. During the past 1 years, UROY's earnings have grown by 514.29% per year. This was faster than the Uranium industry average of 14.49%.
Last year, UROY revenue was $27.35M. Over the last 1 years, UROY's revenue has gone up by 30.31% per year. This was faster than the Uranium industry average of 0.02%.
Dig into UROY's earnings and revenue performance here.
What are UROY executives and large shareholders up to?
In the last year, insiders at UROY have not bought or sold any shares.
Learn more about who owns UROY stock here.
Can I get consistent income from UROY stock?
No, Uranium Royalty doesn't provide an income stream by paying out dividends.
What do other traders have to say about UROY?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your UROY purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will place the order.
If you want additional help buying stocks on eToro, watch 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 investment.
Start a watchlist to track your UROY stock.
UROY Feed
How to Buy Stock in Uranium Royalty
To reiterate, here are the 6 steps to buy 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 require a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep track of your investment in Uranium Royalty, get started below.
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