IsoEnergy Ltd. (CVE:ISO) Receives C$6.33 Average Target Price from Analysts

Shares of IsoEnergy Ltd. (CVE:ISO) have earned an average recommendation of “Buy” from the six brokerages that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is C$6.33.

Several research firms have recently commented on ISO. Canaccord Genuity Group set a C$5.50 target price on IsoEnergy and gave the company a “speculative buy” rating in a research note on Tuesday, June 4th. Ventum Cap Mkts raised IsoEnergy to a “strong-buy” rating in a report on Monday, July 8th. Finally, Ventum Financial reduced their target price on shares of IsoEnergy from C$7.00 to C$6.00 and set a “buy” rating on the stock in a research note on Thursday, August 22nd.

IsoEnergy Price Performance

Shares of CVE:ISO opened at C$3.86 on Monday. IsoEnergy has a 12 month low of C$2.34 and a 12 month high of C$5.40. The company’s 50-day moving average price is C$3.86 and its two-hundred day moving average price is C$3.93. The company has a quick ratio of 14.87, a current ratio of 15.28 and a debt-to-equity ratio of 12.53. The firm has a market cap of C$689.24 million, a P/E ratio of -22.71 and a beta of 0.97.

IsoEnergy (CVE:ISO) last released its quarterly earnings results on Thursday, August 1st. The company reported C($0.03) EPS for the quarter. As a group, research analysts forecast 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.