IsoEnergy (CVE:ISO) Rating Increased to Strong-Buy at Ventum Cap Mkts

IsoEnergy (CVE:ISO) was upgraded by equities research analysts at Ventum Cap Mkts to a “strong-buy” rating in a report issued on Monday, Zacks.com reports. Ventum Cap Mkts also issued estimates for IsoEnergy’s FY2024 earnings at ($0.07) EPS, FY2025 earnings at ($0.03) EPS, FY2026 earnings at $0.05 EPS and FY2027 earnings at $0.05 EPS.

Several other research analysts also recently issued reports on ISO. Haywood Securities raised IsoEnergy to a “strong-buy” rating in a research note on Friday, May 17th. Canaccord Genuity Group set a C$5.50 price objective on IsoEnergy and gave the company a “speculative buy” rating in a research note on Tuesday, June 4th. Cormark reaffirmed a “buy” rating on shares of IsoEnergy in a research note on Thursday, May 2nd. Finally, Ventum Financial reduced their target price on IsoEnergy from C$7.75 to C$7.00 in a report on Monday. Three research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, IsoEnergy has an average rating of “Buy” and an average price target of C$6.67.

IsoEnergy Price Performance

ISO stock opened at C$3.86 on Monday. The company has a market cap of C$689.24 million, a PE ratio of -22.71 and a beta of 0.97. The business has a 50-day simple moving average of C$4.03 and a 200 day simple moving average of C$4.11. IsoEnergy has a 52 week low of C$2.34 and a 52 week high of C$5.40. The company has a quick ratio of 14.87, a current ratio of 15.28 and a debt-to-equity ratio of 12.53.

IsoEnergy (CVE:ISO) last issued its earnings results on Wednesday, May 8th. The company reported C($0.03) EPS for the quarter. Sell-side analysts anticipate that IsoEnergy will post -0.06 EPS for the current fiscal year.

About IsoEnergy

IsoEnergy Ltd. engages in the acquisition, development, and exploration of uranium mineral properties. It holds interest in the Larocque East, Geiger, Thorburn Lake, Radio, Hawk, Ranger, and Collins Bay Extension properties in the Athabasca Basin of Saskatchewan, Canada, as well as interests in various other properties.