KEDM.com on X
Uranium Royalty $UROY completed its (asset) deal with Sweetwater Royalties. This was quite the big deal for UR, not only in size ($1.9bn in EV and roughly $1.1bn in equity acquired, vs C$490m EV and C$600m market cap for UROY), but also because it will drastically reduce exposure to just one main commodity. The company recently listed on the Nasdaq and delisted from the TSX. In short, a transformative acquisition (trona is an interesting commodity) which should help the valuation. BB is not yet showing the correct financials, and coverage is picking up.
