24/7 Market News Snapshot 27 May, 2025 – Uranium Royalty Corp. Common Stock (NASDAQ:UROY)

May 27, 2025

DENVER, Colo., 27 May, 2025 (www.247marketnews.com) – (NASDAQ:UROY) are discussed in this article.
Uranium Royalty Corp. (UROY) has opened at $2.41, currently trading at $2.355, reflecting an increase of approximately 1.07%. The stock closed at $2.33 in the previous session, signaling a bullish sentiment with current price movements suggesting a strong market interest. Trading volume has reached 903.80K shares, indicating robust activity that may lead to further price fluctuations. Analysts are observing a potential support level around $2.33, while resistance might be encountered near the opening price, making it crucial for investors to monitor these levels closely as they plan their trading strategies.

In a strategic move to enhance its uranium portfolio, Uranium Royalty Corp. has announced the acquisition of a 2.0% gross overriding royalty on the Aberdeen Uranium Project from Forum Energy Metals Corp., with a cash payment of CAD$1 million. This deal, expected to close by the end of May 2025, underscores URC’s commitment to growing its interests in the uranium sector. The Aberdeen Project, which spans over 95,000 hectares adjacent to the Kiggavik Project, is located in a highly prospective area rich in undeveloped uranium resources, evidenced by its hosting of 132 million pounds of indicated and inferred uranium resources.

Recent drilling at the Aberdeen Project has yielded promising results, including high-grade intersections such as 1.15% U₃O₈ over 2.4 meters, highlighting the potential for significant discoveries. With increasing global reliance on nuclear energy as a sustainable power source, URC is uniquely positioned as the only publicly traded royalty and streaming company focused on uranium. This acquisition not only strengthens URC’s asset base but also reinforces its pivotal role in addressing the burgeoning demand for uranium in an energy landscape increasingly oriented toward reducing carbon emissions.

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