UROY
Uranium Royalty Corp.Energy·Uranium
$3.50
$513M market cap
Revenue
$54.6M
Free Cash Flow
$40.5M
Rev Growth
+0.0%
FCF Margin
74.1%
P/FCF
17.5x
EV/FCF
14.0x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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 Workman Creek projects in Arizona; Lance and Reno Creek projects in Wyoming; Church Rock and Roca Honda projects in New Mexico; Dewey-Bur
2-Year Price History
$3.37+41.6%
Quarterly Financials & Projections
Quarterly Waterfall (CAD M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q3 | 16.7 | 3.0 | 2.9 | 2.0 | 8.8 | 8.8 | -0.0 | 139.1 | 0.2 | 142.1 | 6.6% | 742.3x | 136.6x |
| Act | 2026-Q2 | 0.0 | 1.8 | -3.2 | 2.1 | -1.7 | -1.7 | -0.0 | 82.3 | 0.4 | 135.1 | -9.1% | 451.3x | -- |
| Act | 2026-Q1 | 33.2 | 1.5 | 3.1 | 1.5 | 31.2 | 30.1 | -1.0 | 49.1 | 0.2 | 133.7 | 12.7% | 381.5x | -- |
| Act | 2025-Q4 | 4.7 | -1.0 | -1.0 | -1.2 | 3.4 | 3.3 | -0.0 | 20.2 | 0.3 | 133.6 | -4.1% | -260.5x | -- |
Historical Valuation
Multiples vs the company's own history — cheap or rich relative to itself? Historical fiscal years, then TTM, then forward projections (E). Forward rows hold today's price against projected earnings, so the multiple compresses if the company grows into it.
| Year | Price | Rev Gr | EBITDA % | EBITDA | EV/EBITDA | EV/FCF | P/E | P/S |
|---|---|---|---|---|---|---|---|---|
| TTM | 3.50 | 0.0% | 9.6% | 5 | 0.0× | 0.0× | 0.0× | 0.0× |
EBITDA in reporting-currency $M. Historical multiples use year-end market cap (split-adjusted price history); TTM & forward years use today's.
Valuation & Metrics
Market Stats
Price$3.50
Market Cap$513M
Enterprise Value$568M
P/S Ratio12.9x
P/FCF17.5x
EV/FCF14.0x
FCF Margin (TTM)74.1%
FCF Yield5.7%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$54.6M
Net Income$4.4M
Free Cash Flow$40.5M
Revenue Growth (YoY)+0.0%
EBITDA Margin9.6%
Net Margin8.0%
FCF Margin74.1%
CapEx % of Revenue1.9%
SBC % of Revenue1.0%
ROIC1.5%
WC Change % Rev-339.0%
Interest Coverage328.8x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares5.9M
Days to Cover2.4
Change (vs Prior)-9.9%
Need at least 2 settlement dates for chart
Employees
Headcount14
Revenue / Employee$3,901,946
Gross Profit / Employee$691,613
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
28.4%(+20.1% YoY)
98 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
0.1%(+0.1% YoY)
2 filers
Vanguard, iShares, SPDR
Market makers
1.0%(+0.9% YoY)
7 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $32.5M | $2.58 | +$3.6M | +$4.8M | +1.7% | $73.71B |
| ALPS ADVISORS INC | $15.3M | $2.71 | +$1.1M | +$4.3M | +0.2% | $21.23B |
| CWA Asset Management Group, LLC | $14.7M | $3.65 | +$14.7M | +$14.7M | +0.3% | $2.92B |
| CenterBook Partners LP | $12.9M | $2.91 | −$3.3M | +$6.7M | -0.3% | $1.85B |
| MORGAN STANLEY | $11.3M | $3.46 | −$954K | +$8.5M | -0.3% | $1.65T |
| Accordant Advisory Group Inc | $9.2M | $1.89 | +$145K | +$641K | +2.3% | $161M |
| BNP PARIBAS FINANCIAL MARKETS | $7.3M | $3.66 | +$7.3M | +$7.3M | -0.2% | $149.31B |
| Vident Advisory, LLC | $6.2M | $2.78 | +$1.2M | +$2.6M | -2.3% | $11.74B |
| SPROTT INC. | $5.9M | $2.36 | −$4K | +$3.1M | +1.7% | $3.29B |
| CITADEL ADVISORS LLC | $5.0M | $3.04 | +$3.1M | +$2.2M | -0.4% | $138.22B |
| JANE STREET GROUP, LLCMM | $3.1M | $3.49 | +$230K | +$2.9M | -0.1% | $92.10B |
| Simcoe Capital LLC | $2.6M | $3.54 | −$1.6M | +$2.6M | +7.0% | $109M |
| Quadrature Capital Ltd | $2.1M | $3.59 | +$2.1M | +$2.1M | +1.3% | $8.40B |
| UBS Group AG | $1.1M | $2.36 | −$379K | −$2.0M | -0.3% | $562.11B |
| Qube Research & Technologies Ltd | $1.1M | $3.49 | +$1.0M | +$1.1M | +0.3% | $70.36B |
| GROUP ONE TRADING LLCMM | $997K | $3.18 | −$148K | +$683K | -1.6% | $3.02B |
| Banque Cantonale Vaudoise | $994K | $3.40 | +$88K | +$994K | -0.0% | $2.66B |
| SUSQUEHANNA INTERNATIONAL GROUP, LLPMM | $953K | $2.97 | −$799K | +$741K | -0.6% | $77.14B |
| Marex Group plc | $921K | $3.30 | +$670K | +$921K | -1.7% | $9.64B |
| HighTower Advisors, LLC | $839K | $3.54 | +$0 | +$839K | -0.2% | $93.93B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
+0.64%
avg per quarter
Holders (ex-self)
+0.61%
excl. this stock
Buyers (this Q)
+0.25%
60 buyers · $0.04B in
Sellers (this Q)
+1.27%
24 sellers · $0.01B out
alpha coverage: 100% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-13.7%
how holders react when this stock falls
On quiet Qs
-8.3%
−10% to +10% baseline
On rallies (+10%+)
-4.6%
how they react when this stock rises
Holders' portfolio flow this Q
+4.3%
inflows — adds are organic
Sellers' portfolio flow this Q
+2.0%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.2%
Holder mid (any stock)
-2.7%
Holder rally (any stock)
-6.3%
Biggest decreases this quarter
CenterBook Partners LP−$3.3Mα-0.3Massar Capital Management, LPexited−$1.7MSimcoe Capital LLC−$1.6Mα+7.0MORGAN STANLEY−$954Kα-0.3SUSQUEHANNA INTERNATIONAL GROUP, LLP−$799Kα-0.6SG Americas Securities, LLCexited−$635KLombard Odier Asset Management (USA) Corpexited−$442KUBS Group AG−$379Kα-0.3SIMPLEX TRADING, LLCexited−$238KPatriot Financial Group Insurance Agency, LLCexited−$159K
New buyers this quarter
Top-5 holders · 57.7%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.--
ALPS ADVISORS INC--
CWA Asset Management Group, LLC--
CenterBook Partners LP--
MORGAN STANLEY--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.8.9MCenterBook Partners LP3.5MALPS ADVISORS INC4.2MMirae Asset Global Investments Co., Ltd.—CWA Asset Management Group, LLC4.0MCITADEL ADVISORS LLC1.4MMORGAN STANLEY3.1MAccordant Advisory Group Inc2.5MBNP PARIBAS FINANCIAL MARKETS2.0MMMCAP International Inc. SPC—
Analyst Coverage
Analyst Coverage
Analyst Ratings
1
Buy: 1Consensus: Buy
Corporate
Order Flow (FINRA, ~3w lag)
27.6%retail-2.0pp
16.2%dark+0.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Uranium Royalty Corp.: A Physical Uranium Warehouse with High Carry Costs and Persistent Dilution
Overall Risk
4/10
Fraud
2/10
Dilution
7/10
Insolvency
1/10
Earnings Overstated
3/10
Hidden Liabilities
2/10
Legal
2/10
Audit Warnings
1/10
Hidden Upside
8/10
Contextually Acceptable
8/10