DML:CC - Uranium Royalty: The Cheapest Setup In Its History
2024-06-04 04:27:43 ET
Summary
- Uranium Royalty has generally traded quite expensive relative to its potential.
- The combination of a low multiple of book value alongside high uranium prices has changed that.
- Let's look at the latest results and see where we stand.
We reviewed the numbers for quarter ending July 31, 2023 around the end of last year. This was for Uranium Royalty Corp. ( UROY )( URC:CA ). The stock came away with a neutral rating from us, and so did the warrants, that were deep in the money at the time. We concluded the piece with a promise to revisit the company and our rating a few quarters down the line....
Uranium Royalty: The Cheapest Setup In Its History