New Uranium Company Hits the NASDAQ

New Uranium Company Hits the NASDAQ

By Resource Stock Digest Research



Uranium Royalty Corp. (NASDAQ: UROY)(TSX-V:URC) has announced that it is uplisting to the NASDAQ.

This is very welcomed news as a nascent uranium bull market continues to take shape.

Shares will begin trading on the NASDAQ today under the ticker “UROY”.

Uranium Royalty Corp. is now one of the few pure play uranium companies listed on a major U.S. stock exchange. As such, it will continue to be a go-to name for retail and professional investors alike because of its easy access and liquidity.

According to CEO Scott Melbye:
 

“In addition to being the world's first pure play uranium royalty business, we will have the unique position of being the only uranium-focused company on the Nasdaq. As the world aims to achieve net zero emissions by 2050 and cleaner alternatives for power generation, we expect to see significant growth in demand for uranium to generate baseload electricity. With a diversified portfolio of uranium royalties on world class mines, exploration and development stage projects, along with investments in physical uranium, we believe Uranium Royalty offers unparalleled exposure to rising uranium prices and a foundation to continue on our growth trajectory in the future.”


This is the latest in a string of major announcements for Uranium Royalty Corp.

In February, it announced the acquisition of royalties on the world-class McArthur River and Cigar Lake uranium mines in Saskatchewan.

And in March, it exercised the first tranche of a 10-year uranium supply agreement with Yellow Cake, purchasing US$10 million worth of physical uranium at US$28.73 per pound.

With royalties on major projects, a physical inventory, and now a major stock exchange listing... Uranium Royalty Corp. (NASDAQ: UROY)(TSX-V: URC) has quickly catapulted to the front of the line for any uranium investor to check out.

You can learn more about the company in our report here.

Resource Stock Digest Research