IsoEnergy Ltd. (NYSEAMERICAN:ISOU – Get Free Report)’s stock price rose 7.3% on Tuesday. The stock traded as high as $8.99 and last traded at $8.9620. 3,090 shares changed hands during trading, a decline of 98% from the average daily volume of 132,806 shares. The stock had previously closed at $8.35.
Analyst Upgrades and Downgrades
Separately, Royal Bank Of Canada started coverage on shares of IsoEnergy in a report on Thursday, October 1st. They issued an “outperform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company. According to MarketBeat, the company presently has an average rating of “Strong Buy”.
Get Our Latest Stock Analysis on ISOU
IsoEnergy Price Performance
The firm has a market capitalization of $589.87 million, a price-to-earnings ratio of -53.00 and a beta of 1.87. The business has a fifty day moving average price of $10.02 and a two-hundred day moving average price of $10.56.
Institutional Investors Weigh In On IsoEnergy
A number of large investors have recently bought and sold shares of ISOU. Acasta Partners UK LLP acquired a new position in IsoEnergy in the 3rd quarter worth approximately $1,341,000. The Manufacturers Life Insurance Company raised its position in IsoEnergy by 0.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 932,342 shares of the company’s stock worth $9,046,000 after buying an additional 7,665 shares during the last quarter. Rockbridge Asset Management LLC acquired a new stake in IsoEnergy during the 2nd quarter valued at approximately $100,000. Firetrail Investments PTY Ltd. acquired a new stake in IsoEnergy during the 2nd quarter valued at approximately $2,903,000. Finally, Ausbil Investment Management Ltd acquired a new stake in IsoEnergy during the 2nd quarter valued at approximately $375,000.
About IsoEnergy
IsoEnergy Ltd. is a uranium exploration and development company focused primarily on identifying and advancing uranium resources in Canada’s Athabasca Basin, one of the world’s leading uranium-producing regions. The company’s activities include mineral exploration, geological evaluation, resource definition and the development of potential uranium mining projects.
IsoEnergy’s flagship asset is the Hurricane uranium deposit at its Larocque East property in northern Saskatchewan. The company has described Hurricane as a high-grade uranium discovery and continues to evaluate its development potential through exploration, technical studies and related project work.
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