IsoEnergy (NYSEAMERICAN:ISOU) Shares Gap Down – Time to Sell?

IsoEnergy Ltd. (NYSEAMERICAN:ISOUGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $10.64, but opened at $10.10. IsoEnergy shares last traded at $10.1450, with a volume of 2,312 shares trading hands.

IsoEnergy Stock Performance

The company has a market cap of $672.83 million, a PE ratio of -60.64 and a beta of 1.63. The company’s 50 day moving average price is $10.47 and its 200-day moving average price is $10.82.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its holdings in IsoEnergy by 0.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 932,342 shares of the company’s stock worth $9,046,000 after acquiring an additional 7,665 shares during the last quarter. Masters Capital Management LLC purchased a new stake in shares of IsoEnergy during the 1st quarter valued at approximately $7,378,000. Firetrail Investments PTY Ltd. purchased a new stake in shares of IsoEnergy during the 2nd quarter valued at approximately $2,903,000. Acasta Partners UK LLP boosted its holdings in IsoEnergy by 88.4% in the 2nd quarter. Acasta Partners UK LLP now owns 150,700 shares of the company’s stock worth $1,501,000 after buying an additional 70,700 shares during the period. Finally, Bank of America Corp DE grew its stake in IsoEnergy by 13.5% in the 1st quarter. Bank of America Corp DE now owns 112,090 shares of the company’s stock valued at $1,181,000 after buying an additional 13,363 shares in the last quarter.

About IsoEnergy

(Get Free Report)

IsoEnergy Ltd. is a mineral exploration and development company focused on uranium. The company’s primary activities include acquiring, exploring and advancing uranium properties, with an emphasis on projects that may support future mine development. IsoEnergy is based in Canada and is listed on the NYSE American under the symbol ISOU.

The company’s flagship asset is the Hurricane uranium project in the eastern Athabasca Basin of Saskatchewan, Canada. IsoEnergy also holds and evaluates additional exploration properties in the Athabasca Basin, one of the world’s most significant uranium-producing regions.

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