Uranium Participate (TSX: U), the Financial sector company, was revisited by a Wall Street analyst on September 13. Analyst Brian MacArthur from Raymond James reiterated a Buy rating, with a C$5.25 price target on September 13.
According to TipRanks.com, MacArthur is ranked #4632 out of 4874 analysts.
Uranium Participate has an analyst consensus of Moderate Buy, with a price target consensus of C$5.33.
Based on Uranium Participate’s latest earnings release for the quarter ending May 31, the company reported a quarterly net profit of C$37.59 million. In comparison, last year the company had a GAAP net loss of C$18.55 million.
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 Monday at C$4.74, close to its 52-week high of C$4.85.
