IsoEnergy (CVE:ISO) Lifted to “Strong-Buy” at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of IsoEnergy (CVE:ISO) to a strong-buy rating in a research note issued to investors on Monday morning, Zacks.com reports. Ventum Cap Mkts also issued estimates for IsoEnergy’s FY2024 earnings at ($0.07) EPS, FY2025 earnings at ($0.03) EPS, FY2026 earnings at $0.05 EPS and FY2027 earnings at $0.05 EPS.

Other research analysts have also issued reports about the stock. Canaccord Genuity Group set a C$5.50 target price on shares of IsoEnergy and gave the stock a speculative buy rating in a research report on Tuesday, June 4th. Haywood Securities upgraded IsoEnergy to a strong-buy rating in a research report on Friday, May 17th. Ventum Financial reduced their price target on shares of IsoEnergy from C$7.75 to C$7.00 in a research report on Monday. Finally, Cormark restated a buy rating on shares of IsoEnergy in a report on Thursday, May 2nd. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of Buy and a consensus price target of C$6.67.

IsoEnergy Stock Performance

IsoEnergy stock opened at C$3.86 on Monday. The company has a debt-to-equity ratio of 12.53, a quick ratio of 14.87 and a current ratio of 15.28. IsoEnergy has a fifty-two week low of C$2.34 and a fifty-two week high of C$5.40. The stock has a market cap of C$689.24 million, a P/E ratio of -22.71 and a beta of 0.97. The firm’s fifty day moving average price is C$4.02 and its 200-day moving average price is C$4.10.

IsoEnergy (CVE:ISO) last posted its quarterly earnings data on Wednesday, May 8th. The company reported C($0.03) earnings per share for the quarter. Equities research analysts forecast that IsoEnergy will post -0.06 earnings per share for the current fiscal year.

About IsoEnergy

IsoEnergy Ltd. engages in the acquisition, development, and exploration of uranium mineral properties. It holds interest in the Larocque East, Geiger, Thorburn Lake, Radio, Hawk, Ranger, and Collins Bay Extension properties in the Athabasca Basin of Saskatchewan, Canada, as well as interests in various other properties.