- The company has royalty interests on several uranium mining projects across the world, including Cameco's McArthur River, and Cigar Lake mines in Canada’s Athabasca Basin.
- It also has $58 million in cash, equity, and inventory holdings.
- I think this one looks significantly overvalued at a market capitalization of over $240 million and that it’s a sell.
- However, the short borrow fee rate stands at over 25% as of the time of writing.
- Unless you have a very high-risk tolerance, it may be best to avoid Uranium Royalty for now.
For further details see:
Uranium Royalty Looks Overvalued Based On Fundamentals