Friday, October 31, 2025

Latest

Uranium Royalty Corp Purchases 400,000 Pounds Of Physical Uranium

By all accounts, it appears that there is a silent agreement among uranium names focused on lifting the price of the yellow metal through any means possible. After yesterdays announcement that Kazatomprom, the largest producer of uranium globally, would be taking a major stake in a physical uranium fund, Uranium Royalty Corp (TSXV: URC) this morning looked to keep the party going.

Uranium Royalty has acquired additional physical uranium to its stockpile, following its purchase of 300,000 pounds of U3O8 back in September. This go round, the firm conducted four spot purchases totaling 400,000 pounds.

The latest purchase brings its total holdings to 1,048,068 pounds of physical uranium, at an average cost of US$37.64 per pound. The purchases announced this morning were conducted at an average cost of US$45.00 per pound of U3O8.

Based on current pricing, which was sitting at roughly US$47.25 per pound, the company has indicated that it has seen an unrealized gain of US$10.07 million on its overall position.

Uranium Royalty Corp last traded at 6.22 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver’s Finally Breaking the System | Keith Neumeyer – First Majestic

The Best News for Gold Was the Drop! – Peter Grandich

McEwen Copper: The Los Azules Feasibility Study

Recommended

Silver47 Completes Property-Wide Geochemical, Rock Sampling Program At Adams Plateau, Identifies Numerous Targets

Altamira Gold Identifies Presence Of Second Mineralized Porphyry Body At Cajueiro

Related News

Orano’s $1.6B Mongolia Uranium Project in Limbo Over Political Tensions

A $1.6 billion uranium mining deal between France and Mongolia, aimed at diversifying France’s nuclear...

Monday, February 26, 2024, 02:05:41 PM

Deregulation, 20-Ton HALEU Release Among Trump’s Orders To Supercharge Nuclear

President Donald Trump signed four intertwined executive orders aimed at rebuilding America’s nuclear fuel cycle,...

Monday, May 26, 2025, 02:56:00 PM

IsoEnergy’s Path to Near-Term Uranium Production in Utah with Marty Tunney

In this interview at the Precious Metals Summit 2024, Marty Tunney, Chief Operating Officer of...

Friday, September 13, 2024, 01:22:00 PM

Saskatchewan Premier Pushes Federal Government to Fast-Track Uranium Mine Approvals

Saskatchewan Premier Scott Moe is pressing the federal government to streamline regulatory approval processes for...

Wednesday, June 4, 2025, 04:23:00 PM

CanAlaska Shares Jump on 21.6-Metre of 3.44% eU3O8 Intersect at Pike Zone

CanAlaska Uranium Ltd. (TSXV: CVV) has announced a significant uranium discovery at the Pike Zone...

Tuesday, July 9, 2024, 11:30:00 AM