IsoEnergy Ltd. (CVE:ISO) Receives Consensus Recommendation of “Buy” from Analysts

Shares of IsoEnergy Ltd. (CVE:ISO) have earned an average rating of “Buy” from the six ratings firms that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$6.33.

A number of brokerages have recently commented on ISO. Ventum Cap Mkts raised IsoEnergy to a “strong-buy” rating in a report on Monday, July 8th. Cormark reiterated a “buy” rating on shares of IsoEnergy in a report on Thursday, May 2nd. Canaccord Genuity Group set a C$5.50 price objective on shares of IsoEnergy and gave the stock a “speculative buy” rating in a research note on Tuesday, June 4th. Haywood Securities upgraded shares of IsoEnergy to a “strong-buy” rating in a research note on Friday, May 17th. Finally, Ventum Financial cut their target price on shares of IsoEnergy from C$7.00 to C$6.00 and set a “buy” rating for the company in a research report on Thursday, August 22nd.

IsoEnergy Price Performance

IsoEnergy stock opened at C$3.86 on Thursday. The company has a market capitalization of C$689.24 million, a P/E ratio of -22.71 and a beta of 0.97. The firm’s fifty day simple moving average is C$3.88 and its 200-day simple moving average is C$3.97. The company has a current ratio of 15.28, a quick ratio of 14.87 and a debt-to-equity ratio of 12.53. IsoEnergy has a 1-year low of C$2.34 and a 1-year high of C$5.40.

IsoEnergy (CVE:ISO) last posted its earnings results on Thursday, August 1st. The company reported C($0.03) EPS for the quarter. Sell-side analysts forecast that IsoEnergy will post -0.06 earnings per share for the current fiscal year.

IsoEnergy Company Profile

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.