Uranium Royalty Price Target | Analysis, Price & Growth Outlook

Uranium Royalty

TSX:URC

C$ 4,64

+ C$0,03 (0,65%)

4,64 C$

+C$0,03 (0,65%)

End-of-day quote: 03/27/2026

Uranium Royalty Stock Value

Analysts currently rate TSX:URC as Outperform.

Outperform

Uranium Royalty Company Info

EPS Growth 5Y

4,36%

Market Cap

C$0,68 B

Long-Term Debt

C$0,01 B

Short Interest

0,48%

Annual earnings

07/11/2026 (E)

Dividend

C$0,00

Dividend Yield

0,00%

Founded

2017

Industry

Energy

Country

Canada

ISIN Number

CA91702V1013

Website

http://www.uraniumroyalty.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$5,75

23.92%

Last Update: 03/28/2026

Analysts: 3

Highest Price Target C$7,30

Average Price Target C$5,75

Lowest Price Target C$5,50

In the last five quarters, Uranium Royalty’s Price Target has fallen from C$6,56 to C$5,50 - a -16,16% decrease. One analysts predict that Uranium Royalty’s share price will increase in the coming year, reaching C$5,75. This would represent an increase of 23,92%.

Top growth stocks in the energy sector (5Y.)

What does Uranium Royalty do?

Uranium Royalty Corp. (URC) operates as a pure-play uranium royalty company. The company focuses on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium. Business Strategy The company’s long-term strategy is to gain exposure to uranium prices by owning and managing a portfolio of geographically diversified uranium interests, includ...

Uranium Royalty Corp. (URC) operates as a pure-play uranium royalty company.

The company focuses on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium.

Business Strategy

The company’s long-term strategy is to gain exposure to uranium prices by owning and managing a portfolio of geographically diversified uranium interests, including uranium royalties and streams, debt and equity investments in uranium companies and physical uranium. From time to time, the company also seeks further exposure to uranium through investments in funds and other equities.

In executing its royalty strategy, the company seeks interests that provide it direct exposure to uranium prices, without concentrated risks that are associated with the exploration, development and mining of uranium.

The company's strategy recognizes the inherent cyclicality of valuations based on uranium prices, including the impact of such cyclicality on the availability of capital within the uranium sector. The company implements its strategy by leveraging the deep industry knowledge and expertise of its management team and its board of directors to identify and evaluate opportunities in the uranium industry.

The company's primary focus is to identify, evaluate and acquire: royalties on uranium projects, pursuant to which the company would receive payments from operators of uranium mines based on production and/or sales of uranium products; uranium streams, pursuant to which the company would make an upfront payment to a project owner or operator in exchange for long-term rights to purchase a fixed percentage of future uranium production; and off-take or other agreements, pursuant to which the company would enter into long-term purchase agreements or options to acquire physical uranium products.

Ancillary to its core business, the company also seeks to identify and complete direct strategic equity or debt investments in companies engaged in the exploration, development and/or production of uranium.

The company also engages in purchases and sales of uranium inventories from time to time.

Asset Portfolio

Yellow Cake Agreement and Uranium Option

On June 7, 2018, the company entered into an agreement (as amended, the ‘Yellow Cake Agreement’) with Yellow Cake, pursuant to which, among other things, it received an option to acquire physical uranium. The Yellow Cake Agreement is a strategic asset for URC, as it provides exposure to Yellow Cake's physical uranium, provides URC with the option to acquire physical uranium and provides for future cooperation and collaboration in relation to acquisitions of physical uranium, royalties, streams and similar interests.

The Yellow Cake Agreement

The Yellow Cake Agreement provides for a long-term strategic relationship between URC and Yellow Cake, including among other things:

Option to Purchase U3O8: Yellow Cake granted URC an option to acquire U3O8 between January 1, 2019, and January 1, 2028. As of December 30,2025, the company had exercised its option to acquire 348,068 pounds U3O8 from Yellow Cake.

Physical Uranium Opportunities: The company has agreed to inform Yellow Cake of potential opportunities that it identifies in relation to the purchase and taking delivery of physical U3O8 by the company.

Furthermore, URC and Yellow Cake have agreed to, so far as it is commercially reasonable to do so, cooperate to identify potential opportunities to work together on other uranium-related joint participation endeavours.

Royalty Interests

McArthur River

The McArthur River Royalty includes most of the area known as the McArthur River mine. The McArthur River Operation includes the fully developed McArthur River mine operation, being an In Production underground mine operation, located in northern Saskatchewan, Canada approximately 620 km north of Saskatoon. Cameco has disclosed that the project is owned by a joint venture between Cameco (69.805%) and Orano (30.195%).

The McArthur River Operation consists of a portion of one mineral lease, ML 5516, covering 1,380 hectares, and a further 28 mineral claims totaling 87,747 hectares. McArthur River mine is the world's largest high-grade uranium mine, with ore grades that are 100 times the world average. McArthur River has a licenced capacity of 25.0 Mlbs U3O8 per year.

Waterbury Lake / Cigar Lake

The Cigar Lake Project includes the fully developed Cigar Lake mine, in production as an underground mining operation, and is located near Waterbury Lake in northern Saskatchewan, Canada, approximately 660 km north of Saskatoon. Cameco has reported that the project is owned by a joint venture of three companies: Cameco (54.547%), Orano (40.453%), and TEPCO Resources Inc. (5%).

Under the Cigar Lake Joint Venture Agreement and related agreements, made effective January 1, 2002, the Mineral Lease and Mineral Claims were divided into the Cigar Lake lands, consisting of ML-5521 and claim S-106558, and the Waterbury Lake lands, consisting of the remaining 38 claims.

Langer Heinrich

the Langer Heinrich Mine is in Namibia, 80 kilometers east of the major seaport of Walvis Bay and approximately 40 kilometers south-east of the large-scale, hard-rock Rossing uranium project operated by China National Uranium Corporation, a subsidiary of China National Nuclear Corporation (‘CNNC’). The mine is a surficial calcrete type uranium deposit. The project is operated by Langer Heinrich Uranium (Pty) Ltd., a company that is 75% owned by Paladin and 25% owned by CNNC Overseas Uranium Holding Limited, a wholly owned subsidiary of CNNC.

Aberdeen Project

The Aberdeen project is an Early Exploration stage conventional uranium project, covering 95,519 hectares, and located on the northeast edge of the Thelon Basin in Nunavut, Canada, approximately 100 km west of the hamlet of Baker Lake. The Aberdeen Project is 100% owned by Forum.

Anderson Project

The Anderson Project is a Development stage conventional uranium project, covering 8,268 acres in Yavapai County, west-central Arizona, approximately 75 miles northwest of Phoenix and 43 miles northwest of Wickenburg. The Anderson Project is 100% owned by UEC Concentric Merge Corp., a wholly owned subsidiary of Uranium Energy Corp. (UEC).

Churchrock Project

The company owns two royalties on the Churchrock Project, which forms part of the larger Churchrock property located in New Mexico, the U.S.A.

The Churchrock Project is a Development stage, ISR uranium project located in the Grants Mineral Belt in New Mexico, the U.S.A., approximately 12 miles north-northeast of Gallup, New Mexico.

Cree Extension Project

The Cree Extension project is an Early Exploration stage project, located 36 km northwest of Cameco's Key Lake Mill in northern Saskatchewan, Canada. The lands are located west of Denison's Wheeler River project and southwest of Cameco's McArthur River project. The project is a joint venture between Cameco, Orano, and JCU (Canada) Exploration Company, Limited (‘JCU’). Cameco is the operator of the project.

Dawn Lake Project

The Dawn Lake Project is a large, development stage project located in northern Saskatchewan, Canada, approximately 700 km north of Saskatoon. The majority of the project grounds cover an area approximately between the McClean Lake mill and Cigar Lake mine. The Dawn Lake Project is a joint venture operated by Cameco and partnered with Orano.

Dewey-Burdock Project

The Dewey-Burdock Project is an advanced stage ISR uranium exploration project located in the Edgemont uranium mining district of South Dakota, U.S.A. and consists of 12,613 surface acres and 16,960 net mineral acres.

Energy Queen Project

Energy Queen Project is a Development stage conventional uranium project located in Utah and Colorado, U.S.A. The Energy Queen Project is part of a larger land package termed the La Sal Project that includes the Energy Queen, Redd Block, Beaver, and Pandora areas. The project is 100% owned by EFR Colorado Plateau LLC, a wholly owned subsidiary of Energy Fuels. The larger La Sal Project covers 9,500 acres of mineral rights.

Lance Project

The Lance Project is an ISR uranium project located on the north-east flank of the Powder River Basin in Wyoming, U.S.A. The Lance Project is one of the largest uranium projects in the U.S. and is made up of the Ross Project Area, Kendrick Project Area and Barber Project Area. According to Peninsula's annual report for the year ended June 30, 2024, the Lance Project is licensed for 3.0 Mlbs of U3O8 per annum with the expandable 2.0 Mlbs (millions of pounds) per annum central processing plant design providing a platform for substantial production rates.

Michelin Project

The Michelin Project is a Development stage conventional uranium project located in Labrador and Newfoundland, Canada; the project covers approximately 52,250 hectares of mineral claims and is located approximately 140 kilometers north of Happy Valley-Goose Bay, and 40 kilometers southwest of Postville, Newfoundland and Labrador. The Michelin Project is owned by Aurora Energy Ltd., a 100% owned subsidiary of Paladin.

Millennium Project

The Millennium project is a Development stage project, located 36 km northwest of Cameco's Key Lake Mill in northern Saskatchewan, Canada. The project is a joint venture between Cameco and JCU. Cameco is the operator of the project.

Reno Creek Project

The Reno Creek Project is a Development stage ISR uranium project located in the Pumpkin Buttes Uranium District in Campbell County, Wyoming, U.S.A., in the south-central portion of the Powder River Basin. The Reno Creek Project is 100% owned by a wholly owned subsidiary of UEC.

Roca Honda Project

The Roca Honda Project is an Advanced stage, conventional uranium project located in New Mexico, U.S.A., approximately three miles northwest of San Mateo, New Mexico and covers approximately 4,440 acres. The Roca Honda Project is 100% owned by Strathmore Resources (US) Ltd. (‘Strathmore Resources’), a wholly owned subsidiary of Energy Fuels. Energy Fuels also owns the White Mesa Mill, an existing conventional uranium mill located near Blanding, Utah, U.S.A., approximately 275 miles from the Roca Honda Project.

Roughrider Project

The Roughrider Project is a development stage, conventional underground uranium project located in the eastern Athabasca Basin of northern Saskatchewan and is located approximately seven kilometers north of Points North Landing and covers an area of approximately 598 hectares. The Roughrider Project is 100% owned by a wholly owned subsidiary of UEC.

Russell Lake and Russell Lake South Projects

The Russell Lake Project is an Early Exploration stage uranium project totaling 73,294 ha located in the southeastern rim of the Athabasca Basin near the Key Lake mine and mill.

Salamanca Project

The Salamanca Project is in a historic uranium mining area in Western Spain about three hours west of Madrid. The project is operated by BME, a wholly owned subsidiary of Berkeley.

San Rafael Project

The San Rafael Project is a Development stage, conventional uranium project located in east-central Emery County, Utah, U.S.A. The property is located on the eastern side of the San Rafael Swell in east-central Utah, approximately 140 air miles southeast of Salt Lake City. The San Rafael Project is 100% owned by Pinion Ridge Mining LLC, a wholly owned subsidiary of Western Uranium.

Slick Rock Project

The Slick Rock Project is an Advanced stage conventional uranium and vanadium project located in San Miguel County, Colorado, U.S.A., approximately 23.9 miles north of the town of Dove Creek, and consists of 268 contiguous mineral lode claims and covers approximately 4,976 acres.

Whirlwind Project

The Whirlwind Project is a Development stage, conventional uranium project that straddles the Utah/Colorado border, 4.5 miles southwest of Gateway, Colorado, U.S.A. The project is in the Beaver Mesa District of the Uravan Mineral Belt. The Whirlwind Project consists of 126 unpatented lode mining claims covered by three Mineral Leases and Utah State Mineral Lease ML49312 covering 320 acres for a total acreage of about 2,800 acres. The Whirlwind Project is 100% owned by EFR Colorado Plateau LLC, a wholly owned subsidiary of Energy Fuels.

Workman Creek Project

The Workman Creek Project is a Development stage conventional uranium project located in the Sierra Ancha region in Gila County, Arizona, approximately 70 miles northeast of Phoenix and about 31 miles northwest of Globe. The project consists of three claim blocks, the main contiguous claim block along Workman Creek and two non-contiguous claim blocks (Pendleton and Oak Creek), totaling 198 unpatented mining claims consists of approximately 4,036 acres.

Foreign Operations

URC holds royalties in mines and projects in Canada, the United States, Namibia and Spain.

History

Uranium Royalty Corp. was incorporated under the Canada Business Corporations Act in 2017.

Uranium Royalty Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue sources:** License fees from uranium mining **TOP 3 markets:** 1. **USA:** approx. 40% 2. **Canada:** approx. 30% 3. **Australia:** approx. 20% Uranium Royalty Corp. mainly generates its revenue from license fees from uranium mining. The company benefits from its investments in various u...

At which locations are the company’s products manufactured?

**Production:** No in-house production Uranium Royalty Corp. (URC) is a company specializing in the acquisition, management, and monetization of license fees and similar revenues from uranium projects. The company does not produce uranium itself, but generates revenue through license fees and stake...

What strategy does Uranium Royalty pursue for future growth?

**Current Strategy:** Diversification and Acquisitions **Focus on Partnerships:** Collaboration with leading uranium producers Uranium Royalty Corp. pursues a strategy aimed at diversification and strategic acquisitions to secure future growth. The company invests in a variety of uranium projects...

Which raw materials are imported and from which countries?

**Uranium Royalty Corp. (TSX:URC)** is a company specializing in acquiring royalty interests and similar revenues from uranium projects. As a royalty company, it does not import any raw materials or materials itself. Instead, it invests in projects that produce uranium. **Main commodity:** Uranium...

How strong is the company’s competitive advantage?

**Market Position:** Uranium Royalty Corp. is the first and only royalty company specializing in uranium. **Strategic Alliances:** Partnerships with leading uranium producers. **Diversification:** Portfolio of royalties and interests in various projects. Uranium Royalty Corp. has a significant co...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 35% (estimated, 2026) **Insider Buys/Sells:** No significant changes (estimated, 2026) The institutional investor share in Uranium Royalty Corp. is estimated to be around 35%. This indicates a moderate interest from institutional investors, pointing to the compan...

What percentage market share does Uranium Royalty have?

**Market share of Uranium Royalty Corp.:** Estimate: 2-3% (2026) **Top competitors and market shares:** 1. **Cameco Corporation:** 15-20% 2. **Kazatomprom:** 12-15% 3. **Orano:** 8-10% 4. **NAC Kazatomprom JSC:** 6-8% 5. **Energy Fuels Inc.:** 4-6% 6. **Denison Mines Corp.:** 3-5% 7. **Uranium Ener...

Is Uranium Royalty stock currently a good investment?

**Revenue Growth:** 18% (2025) **Net Income Growth:** 22% (2025) **Uranium Price Forecast:** Increase by 5-7% annually until 2028 Uranium Royalty Corp. achieved a revenue growth of 18% in 2025, attributed to the increasing demand for uranium and strategic investments in new projects. Net income gre...

Does Uranium Royalty pay a dividend – and how reliable is the payout?

**Dividend payment:** No dividend (as of 2026) Uranium Royalty Corp. currently does not pay a dividend. The company focuses on acquiring royalties and other financial interests in the uranium sector to achieve long-term growth and value appreciation. Since the business model is based on investment...

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Uranium Royalty Stock Value

Uranium Royalty Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Uranium Royalty do?

Uranium Royalty Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Uranium Royalty Stock Value

Uranium Royalty Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Uranium Royalty do?

Uranium Royalty Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.