IsoEnergy (TSE:ISO) Stock Price Down 9.5% - Here's What Happened

Key Points

• IsoEnergy Ltd.'s stock price fell 9.5% on Friday, trading as low as C$12.07 before closing at C$12.16.
• Despite the recent drop, IsoEnergy received upgrades to a "strong-buy" rating from both National Bank Financial and Stifel Canada, indicating positive analyst sentiment.
• The company has a market capitalization of C$647.07 million and is primarily focused on uranium exploration in Canada.

IsoEnergy Ltd. (TSE:ISO - Get Free Report)'s share price traded down 9.5% during trading on Friday . The stock traded as low as C$12.07 and last traded at C$12.16. 273,874 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 132,189 shares. The stock had previously closed at C$13.43.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. National Bank Financial upgraded IsoEnergy to a "strong-buy" rating in a research report on Tuesday, June 24th. Stifel Canada upgraded IsoEnergy to a "strong-buy" rating in a research report on Friday, October 3rd. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of "Strong Buy".

IsoEnergy Trading Down 9.5%

The company has a market capitalization of C$647.07 million, a P/E ratio of -16.66 and a beta of 0.84. The company's 50 day moving average price is C$12.35.

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.

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