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

Shares of IsoEnergy Ltd. (CVE:ISO) have been assigned a consensus recommendation of “Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$6.33.

A number of brokerages have recently weighed in on ISO. Haywood Securities raised shares of IsoEnergy to a “strong-buy” rating in a research note on Friday, May 17th. Ventum Cap Mkts raised shares of IsoEnergy to a “strong-buy” rating in a research note on Monday, July 8th. 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. Ventum Financial dropped their price objective on shares of IsoEnergy from C$7.00 to C$6.00 and set a “buy” rating for the company in a research note on Thursday, August 22nd. Finally, Cormark reissued a “buy” rating on shares of IsoEnergy in a research note on Thursday, May 2nd.

IsoEnergy Price Performance

ISO stock opened at C$3.86 on Thursday. The firm has a 50 day moving average of C$3.89 and a 200-day moving average of C$3.98. IsoEnergy has a 12-month low of C$2.34 and a 12-month high of C$5.40. The company has a current ratio of 15.28, a quick ratio of 14.87 and a debt-to-equity ratio of 12.53. The company has a market cap of C$689.24 million, a price-to-earnings ratio of -22.71 and a beta of 0.97.

IsoEnergy (CVE:ISO) last posted its quarterly earnings results on Thursday, August 1st. The company reported C($0.03) earnings per share (EPS) for the quarter. As a group, equities analysts expect that IsoEnergy will post -0.06 EPS 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.