IsoEnergy (NYSEAMERICAN:ISOU) Shares Up 6.9% – Time to Buy?

Shares of IsoEnergy Ltd. (NYSEAMERICAN:ISOUGet Free Report) were up 6.9% on Monday . The company traded as high as $11.08 and last traded at $10.9970. 14,484 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 126,810 shares. The stock had previously closed at $10.29.

IsoEnergy Price Performance

The business’s 50 day moving average is $10.12. The firm has a market capitalization of $706.18 million, a PE ratio of -63.65 and a beta of 1.55.

Institutional Trading of IsoEnergy

Several hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company acquired a new position in shares of IsoEnergy during the 1st quarter valued at $9,644,000. Firetrail Investments PTY Ltd. acquired a new stake in IsoEnergy in the second quarter worth $2,903,000. Masters Capital Management LLC bought a new stake in IsoEnergy in the first quarter valued at $7,378,000. Acasta Partners UK LLP increased its stake in IsoEnergy by 88.4% in the second quarter. Acasta Partners UK LLP now owns 150,700 shares of the company’s stock valued at $1,501,000 after purchasing an additional 70,700 shares in the last quarter. Finally, Rockbridge Asset Management LLC acquired a new position in shares of IsoEnergy during the second quarter valued at about $100,000.

IsoEnergy Company Profile

(Get Free Report)

IsoEnergy (NYSEAMERICAN: ISOU) is a Canadian uranium exploration and development company focused on identifying and advancing high-grade uranium deposits. The company concentrates its activities in the Athabasca Basin of Saskatchewan, a globally significant uranium-producing district known for high-grade deposits. IsoEnergy’s operations center on systematic exploration, drilling, resource definition and the early-stage technical work necessary to advance discoveries toward potential development.

IsoEnergy’s work program typically includes geophysical and geochemical surveys, diamond drilling campaigns, resource modeling and metallurgical and environmental baseline studies.

Further Reading

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