IsoEnergy (TSE:ISO) Hits New 1-Year High – Here’s Why

IsoEnergy Ltd. (TSE:ISO) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$15.94 and last traded at C$15.80, with a volume of 76380 shares changing hands. The stock had previously closed at C$14.81.

Wall Street Analyst Weigh In

Separately, Stifel Canada upgraded shares of IsoEnergy to a “strong-buy” rating in a research note on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has an average rating of “Strong Buy”.

IsoEnergy Stock Up 0.7%

The company has a market capitalization of C$832.63 million, a price-to-earnings ratio of -18.05 and a beta of 0.76. The business has a fifty day simple moving average of C$12.59 and a two-hundred day simple moving average of C$11.89.

IsoEnergy (TSE:ISO) last posted its earnings results on Thursday, November 6th. The company reported C($0.01) EPS 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.