Uranium Royalty Corp Reports Increased Quarterly Loss

Uranium Royalty Corp (TSE:URC) has released an update.

Uranium Royalty Corp has released its condensed interim consolidated financial statements for the quarter ended July 31, 2024, showing a net loss of $2,158,000, which is an increase from the previous year’s loss of $1,042,000. Total assets slightly decreased to $275,891,000, down from $278,703,000, with inventories being the major asset category. The financial position indicates a decrease in cash and short-term investments, coupled with a modest rise in liabilities.

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