IsoEnergy (CVE:ISO) Raised to “Strong-Buy” at Ventum Cap Mkts

IsoEnergy (CVE:ISO) was upgraded by stock analysts at Ventum Cap Mkts to a “strong-buy” rating in a research note issued to investors 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.

ISO has been the topic of several other research reports. Canaccord Genuity Group set a C$5.50 price target on IsoEnergy and gave the company a “speculative buy” rating in a research note on Tuesday, June 4th. Ventum Financial dropped their price target on IsoEnergy from C$7.75 to C$7.00 in a research note on Monday. Haywood Securities upgraded IsoEnergy to a “strong-buy” rating in a research note on Friday, May 17th. Finally, Cormark reiterated a “buy” rating on shares of IsoEnergy in a research note on Thursday, May 2nd. Three research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, IsoEnergy presently has a consensus rating of “Buy” and a consensus target price of C$6.67.

IsoEnergy Price Performance

Shares of ISO stock opened at C$3.86 on Monday. IsoEnergy has a 1-year low of C$2.34 and a 1-year high of C$5.40. The stock’s fifty day moving average price is C$4.03 and its 200 day moving average price is C$4.11. The company has a debt-to-equity ratio of 12.53, a current ratio of 15.28 and a quick ratio of 14.87. The company has a market cap of C$689.24 million, a price-to-earnings ratio of -22.71 and a beta of 0.97.

IsoEnergy (CVE:ISO) last announced its earnings results on Wednesday, May 8th. The company reported C($0.03) earnings per share for the quarter. On average, research analysts expect that IsoEnergy will post -0.06 earnings per share 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.