IsoEnergy (TSE:ISO) Trading Up 1.7% – Should You Buy?

Shares of IsoEnergy Ltd. (TSE:ISO) were up 1.7% during mid-day trading on Monday . The company traded as high as C$15.57 and last traded at C$15.47. Approximately 153,133 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 199,608 shares. The stock had previously closed at C$15.21.

Wall Street Analyst Weigh In

Separately, Stifel Canada raised IsoEnergy to a “strong-buy” rating in a research report on Friday, October 3rd. Two investment analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, IsoEnergy currently has an average rating of “Strong Buy”.

IsoEnergy Trading Up 1.7%

The company has a market cap of C$849.66 million, a price-to-earnings ratio of -18.42 and a beta of 0.76. The business’s 50 day moving average price is C$12.32 and its 200-day moving average price is C$11.77.

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