Wall Street analyst has provided a rating update for the Financial sector company on October 10, while remaining neutral on the stock. Uranium Participate (TSX: U) received a Hold on October 10 from Scotiabank’s analyst Orest Wowkodaw, with a C$5.50 price target.
According to TipRanks.com, Wowkodaw is a 5-star analyst with an average return of 19.9% and a 52.5% success rate. Wowkodaw covers the Basic Materials sector, focusing on stocks such as Teck Resources Limited, Nevsun Resources Ltd, and Taseko Mines Limited.
Currently, the analyst consensus on Uranium Participate is a Moderate Buy with an average price target of C$5.42.
Uranium Participate’s market cap is currently C$654.4M and has a P/E ratio of 4. The company has a Price to Book ratio of 1.07.
Uranium Participation Corp. engages in investment activities with interests in uranium, with the primary objective of achieving appreciation in the value of its uranium holdings. The company was founded on March 15, 2005 and is headquartered in Toronto, Canada.
The company’s shares closed on Friday at C$4.78, close to its 52-week high of C$4.85.
