IsoEnergy (TSE:ISO) Stock Price Down 2.4% - Should You Sell?

Key Points

• IsoEnergy shares fell 2.4% intraday to C$14.54 (low C$14.40) on volume of 136,782 shares, about 45% below the average session volume, indicating a light-volume pullback.
• TD Securities upgraded the stock to a "Strong Buy", and three analysts now rate ISO as a Strong Buy with an overall consensus of Strong Buy.
• The Canadian uranium explorer reported C($0.09) EPS last quarter, has a negative P/E (-363.50) and a market cap of C$880.48 million, reflecting that it is not currently profitable despite bullish analyst coverage.

IsoEnergy Ltd. (TSE:ISO - Get Free Report) shares traded down 2.4% during mid-day trading on Friday . The company traded as low as C$14.40 and last traded at C$14.54. 136,782 shares were traded during mid-day trading, a decline of 45% from the average session volume of 246,677 shares. The stock had previously closed at C$14.90.

Analyst Ratings Changes

Separately, TD Securities raised IsoEnergy to a "strong-buy" rating in a report on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has an average rating of "Strong Buy".

IsoEnergy Trading Down 2.4%

The business's 50 day moving average price is C$15.18 and its 200-day moving average price is C$13.41. The company has a market cap of C$880.48 million, a price-to-earnings ratio of -363.50 and a beta of 0.61.

IsoEnergy (TSE:ISO - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported C($0.09) EPS for the quarter.

About IsoEnergy

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.

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