IsoEnergy (TSE:ISO) Hits New 52-Week High – Here’s Why

Shares of IsoEnergy Ltd. (TSE:ISO) hit a new 52-week high 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.

Wall Street Analysts Forecast Growth

Separately, TD Securities upgraded IsoEnergy to a “strong-buy” rating in a research note on Wednesday, February 18th. Three analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, IsoEnergy presently has a consensus rating of “Strong Buy”.

IsoEnergy Stock Performance

The company has a 50 day simple moving average of C$15.37 and a two-hundred day simple moving average of C$14.18. The firm has a market cap of C$1.02 billion, a PE ratio of -98.94 and a beta of 0.78.

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