IsoEnergy (TSE:ISO) Hits New 1-Year High – Should You Buy?

Shares of IsoEnergy Ltd. (TSE:ISO) reached a new 52-week high on Wednesday . The stock traded as high as C$16.75 and last traded at C$16.59, with a volume of 702224 shares traded. The stock had previously closed at C$15.81.

Analysts Set New Price Targets

Separately, Stifel Nicolaus raised IsoEnergy to a “strong-buy” rating in a report on Friday, October 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Strong Buy”.

IsoEnergy Stock Performance

The stock has a market capitalization of C$908.43 million, a price-to-earnings ratio of -19.69 and a beta of 0.76. The business’s 50 day simple moving average is C$12.84 and its 200-day simple moving average is C$12.05.

IsoEnergy (TSE:ISO) last issued its earnings results on Thursday, November 6th. The company reported C($0.01) earnings per share for the quarter.

IsoEnergy Company Profile

IsoEnergy Ltd is engaged in the acquisition, exploration, and evaluation of uranium properties in Canada. The company’s projects profile includes Thorburn Lake, Radio, Geiger, and others. It primarily operates in Canada.