Clarus Thinks UrtheCast’s Stock is Going to Recover


UrtheCast (TSX: UR), the Materials sector company, was revisited by a Wall Street analyst today. The company received a Buy rating from Clarus’ analyst Noel Atkinson, with a C$1 price target.

According to TipRanks.com, Atkinson is ranked #118 out of 4829 analysts.

UrtheCast has an analyst consensus of Moderate Buy, with a price target consensus of C$0.68.

UrtheCast’s market cap is currently C$30.97M and has a P/E ratio of 0. The company has a Price to Book ratio of 0.33.

UrtheCast Corp. provides high-definition videos of planet earth. The company operates four Earth observation sensors in space, including two cameras aboard the International Space Station and two satellites, Deimos-1 and Deimos-2. It is also developing and anticipates launching fully-integrated constellation of multispectral optical and SAR satellites.

The company’s shares closed on Wednesday at C$0.26, close to its 52-week low of C$0.24.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts