IsoEnergy (NYSEAMERICAN:ISOU) Issues Earnings Results

IsoEnergy (NYSEAMERICAN:ISOU) released its earnings results on Wednesday. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.05), Zacks reports.

IsoEnergy Stock Performance

IsoEnergy stock traded down $0.26 during trading on Thursday, hitting $7.81. The company’s stock had a trading volume of 15,187 shares, compared to its average volume of 132,007. The stock’s fifty day moving average is $9.62 and its 200 day moving average is $10.47. IsoEnergy has a 1-year low of $7.19 and a 1-year high of $13.58. The stock has a market capitalization of $510.10 million, a price-to-earnings ratio of -45.37 and a beta of 1.87.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada initiated coverage on shares of IsoEnergy in a research report on Thursday, October 1st. They issued an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

IsoEnergy Company Profile

IsoEnergy Ltd. is a uranium exploration and development company focused primarily on identifying and advancing uranium resources in Canada’s Athabasca Basin, one of the world’s leading uranium-producing regions. The company’s activities include mineral exploration, geological evaluation, resource definition and the development of potential uranium mining projects.

IsoEnergy’s flagship asset is the Hurricane uranium deposit at its Larocque East property in northern Saskatchewan. The company has described Hurricane as a high-grade uranium discovery and continues to evaluate its development potential through exploration, technical studies and related project work.