IsoEnergy (TSE:ISO) Reaches New 52-Week High – Should You Buy?

IsoEnergy Ltd. (TSE:ISO) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$16.95 and last traded at C$15.36, with a volume of 347851 shares changing hands. The stock had previously closed at C$16.46.

Wall Street Analysts Forecast Growth

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

IsoEnergy Stock Performance

The company has a 50 day simple moving average of C$13.36 and a two-hundred day simple moving average of C$12.30. The firm has a market cap of C$977.08 million, a PE ratio of -21.18 and a beta of 0.76.

IsoEnergy (TSE:ISO) last announced its quarterly earnings data on Thursday, November 6th. The company reported C($0.01) earnings per share (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.