IsoEnergy (TSE:ISO) Stock Price Up 2.3% - Here's Why

Key Points

• IsoEnergy shares rose 2.3% to C$15.88 (intraday high C$16.07) on Monday, with about 153,906 shares traded—roughly 42% below its average daily volume.
• Analyst sentiment turned bullish: TD Securities upgraded the stock to a "Strong Buy" on Feb. 18, and three analysts now rate IsoEnergy as a Strong Buy on average.
• Fundamentals and projects: The company has a market cap of C$873.70 million, a 50-day/200-day SMA of C$15.20/C$13.97, reported C($0.09) EPS for the quarter (negative P/E), and is advancing the Larocque East project in the Athabasca Basin, which includes the high-grade Hurricane deposit.

IsoEnergy Ltd. (TSE:ISO - Get Free Report) shares rose 2.3% during trading on Monday . The stock traded as high as C$16.07 and last traded at C$15.88. Approximately 153,906 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 265,777 shares. The stock had previously closed at C$15.53.

Analyst Ratings Changes

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

IsoEnergy Stock Up 2.3%

The company has a fifty day simple moving average of C$15.20 and a 200-day simple moving average of C$13.97. The firm has a market cap of C$873.70 million, a P/E ratio of -397.00 and a beta of 0.72.

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

IsoEnergy Company Profile

IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada's Athabasca basin, which is home to the Hurricane deposit, boasting the world's highest-grade indicated uranium mineral resource.

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