Recommendation: Buy
| Entry Date | Symbol | Recommendation | Entry Price (USD) | Target 1 (USD) | Target 2 (USD) | Holding Duration | Position Status | Return(%)* |
|---|---|---|---|---|---|---|---|---|
| 5 Jan, 26 | UROY | Buy | USD 3.88 | USD 4.1 | USD 4.4 | 10 days | Closed |
13.40%
|
*Return(%) represent the percentage change between the entry price and exit price of the recommendation.
Data Powered by EOD Historical Data (“EODHD”).
Uranium Royalty Corp. operates as a pure-play uranium royalty company. It acquires, accumulates, and manages a portfolio of geographically diversified uranium interests. The company has royalty interests in the McArthur River, Cigar Lake / Waterbury Lake, Roughrider, Russell Lake, Russell Lake south, and Dawn Lake projects in Saskatchewan, Canada; Anderson and San Rafael projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Burdock project in South Dakota; Slick Rock project in Colorado; Langer Heinrich project in Namibia; and Michelin project in Newfoundland and Labrador, Canada; Energy Queen and Whirlwind project in Utah; and Workman Creek projects in Arizona. Uranium Royalty Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
Improvement in Gross Profit: For H1 FY26, gross profit increased to CAD 5.32 million, compared with CAD 2.88 million for H1 FY25
Notable Shift to Profitability: For H1 FY26, the Company reported net income of CAD 3.58 million, compared to a net loss of CAD 2.59 million for H1 FY25
Increase in Share-Based Compensation Expense: For H1 FY26, share-based compensation expense was CAD 0.53 million, compared with CAD 0.38 million for H1 FY25
Higher Office and Administration Expenses: For H1 FY26, office and administration expenses totaled CAD 3.17 million, compared with CAD 2.85 million for H1 FY25
The Company’s financial performance remains highly sensitive to uranium price volatility and market liquidity conditions, which may materially affect inventory valuations, royalty revenue timing and future profitability
| Entry Price | Support* | Target 1** | Target 2** |
|---|---|---|---|
| 3.88 | 3.4 | 4.1 | 4.4 |
Data Source: REFINITIV, Analysis: StockNextt
*Support can be considered as an indicative stop-loss, and if prices move below that level on closing basis individuals may evaluate exiting the position depending on their risk appetite, previous holdings, and other factors considered. The support and resistance levels may need to be re-evaluated within 4-6 weeks’ time frame depending on the stock price movements from the date of recommendation on the stock.
**Target prices may vary by ±0.5% depending on market volatility.
Revenue and Gross Profit Performance: During Q2-FY26, the Company reported revenue from uranium inventory sales and royalty income, supplemented by gains from financial investments. For the six-month period ended October 31, 2025, the Company generated CAD 33.2 million in uranium sales and CAD 0.09 million in royalty revenue, resulting in gross profit of CAD 5.3 million. This compares to CAD 10.9 million in uranium sales and CAD 0.04 million in royalty revenue with gross profit of CAD 2.9 million in the same period of the prior year. The improvement primarily reflects increased uranium sales volumes and favourable market pricing trends.
Operating Expenses and Profitability: Operating expenses rose modestly, driven largely by investor communications, administration and share-based compensation. However, this was offset by increased gross profit and net investment income. As a result, the Company recorded a net profit of CAD 3.6 million in Q2-FY26, a strong turnaround from a net loss of CAD 2.6 million in Q2-FY25, reflecting both improved operating performance and gains on investment disposals.
Investment and Financing Activities: The Company remained active in capital markets. A key contributor to profitability was the CAD 2.4 million gain on disposal of short-term investments during the six-month period. In addition, the Company raised CAD 28.1 million (net) via its At-the-Market equity program. These activities strengthened liquidity and enhanced financial flexibility for future uranium purchases and royalty acquisitions.
Balance Sheet Strength and Working Capital: Uranium Royalty Corp. remains very well-capitalized. As at October 31, 2025, the Company reported cash of CAD 72.5 million, short-term investments of CAD 9.8 million, and uranium inventory valued at CAD 189.9 million. Total working capital stood at CAD 271.6 million, underscoring a strong liquidity position and the financial capacity to fund additional strategic investments. Total liabilities remained minimal at CAD 1.2 million, reflecting a conservative capital structure.
Uranium Market and Portfolio Positioning: The Company’s business model benefits from tight global uranium market conditions. Uranium prices strengthened during the quarter, with continued structural supply deficits supporting favourable pricing dynamics. The Company continues to hold a significant physical uranium position of 2.38 million pounds U3O8, providing direct leverage to commodity price movements, while simultaneously generating exposure through royalties over a diversified global portfolio of uranium assets.
Operational Portfolio Developments: Operational progress across key counterpart mine operators further supports the Company’s long-term royalty income potential. Notable developments include ongoing production at Langer Heinrich, ramp-up activity at Lance, and continued production at McArthur River and Cigar Lake. Collectively, these assets strengthen the Company’s future optionality, with royalty cash flows expected to increase as global uranium demand expands.
Considering recent key business, financial updates, current trading levels, and key business risks, a ‘Buy’ recommendation has been given on Uranium Royalty Corp. (NASDAQ: UROY) at the closing market price of USD 3.88, as on Jan 02, 2026.
Data Powered by EOD Historical Data (“EODHD”).
Sector: Energy Industry: Uranium
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| UROY Uranium Royalty Corp |
0.15 3.31% | 4.68 | 67.50 | 156.25 | 6.60 | 1.71 | 8.99 | 436.16 |
| CCJ Cameco Corp |
5.25 4.37% | 125.47 | 125.05 | 57.80 | 6.80 | 4.81 | 9.68 | 41.12 |
| NATKY JSC National Atomic Company Kazatomprom |
- -% | 79.00 | 14.26 | 15.75 | 0.0096 | 3.56 | 0.0093 | 0.02 |
| SRUUF Sprott Physical Uranium Trust |
0.04 0.18% | 21.84 | 25.19 | 13.00 | 636.01 | 1.79 | 1968.60 | -177.8571 |
| NXE NexGen Energy Ltd. |
0.35 2.92% | 12.49 | - | - | - | 7.30 | -31.2142 |
Data Powered by EOD Historical Data (“EODHD”).
Markets are trading in a highly volatile zone currently due to certain macro-economic issues and prevailing geopolitical tensions. Therefore, it is prudent to follow a cautious approach while investing.
Related Risks: This report may be looked at from high-risk perspective and recommendations are provided are for a short duration. Recommendations provided in this report are solely based on technical parameters, and the fundamental performance of the stocks has not been considered in the decision-making process. Other factors which could impact the stock prices include market risks, regulatory risks, interest rates risks, currency risks, social and political instability risks etc.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels as on January 5, 2026. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned has been achieved and is subject to the factors discussed above.
Note 4: StockNextt reports are prepared based on the stock prices captured either from REFINITIV or Trading View. Typically, REFINITIV or Trading View may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Target: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Target 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Target 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.
Disclaimer :
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