UROY - The Main Value Of Uranium Royalty Lies In Its Uranium Stockpile
2024-03-19 04:41:54 ET
Summary
- The company is more of a bet on a higher uranium price than an investment.
- Uranium Royalty Corp. is 20% overvalued based on my valuation.
- There are better ways to play the uranium market, which I also mention in the article.
Uranium Royalty ( UROY ) is a uranium royalty company focused on gaining exposure to uranium prices through a portfolio of uranium royalties and physical uranium ownership. The company is more of a bet on a higher uranium price than an investment, as it is currently priced at $100 per pound of uranium, which makes it 20% overvalued....
The Main Value Of Uranium Royalty Lies In Its Uranium Stockpile