IsoEnergy (TSE:ISO) Sets New 1-Year High – Still a Buy?

IsoEnergy Ltd. (TSE:ISO)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$18.14 and last traded at C$18.11, with a volume of 126585 shares traded. The stock had previously closed at C$16.64.

Analysts Set New Price Targets

Separately, TD Securities upgraded shares of IsoEnergy to a “strong-buy” rating in a research note on Wednesday, February 18th. Three investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

IsoEnergy Stock Performance

The firm has a market cap of C$1.10 billion, a price-to-earnings ratio of -106.41 and a beta of 0.78. The firm has a 50-day moving average price of C$15.27 and a two-hundred day moving average price of C$14.04.

IsoEnergy (TSE:ISO) last announced its quarterly earnings results on Wednesday, May 6th. The company reported C($0.03) earnings per share (EPS) for the quarter.

About IsoEnergy

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.