Uranium Royalty is engaged in acquiring and assembling a portfolio of royalties and investing in companies with direct exposure to uranium. Co. focused on gaining exposure to uranium prices by making strategic investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, as well as through holdings of physical uranium. We show 1 historical shares outstanding datapoints in our UROY shares outstanding history coverage, used to compute UROY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UROY market cap history over the course of time is important for investors
interested in comparing UROY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of UROY versus a peer is one thing; comparing
UROY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like UROY can fluctuate over the course of history.
With this page we aim to empower investors researching UROY by allowing them to research the UROY market cap history. |
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Video: The Importance of Market Cap
