National Bank Financial Upgrades IsoEnergy (CVE:ISO) to Strong-Buy

IsoEnergy (CVE:ISO) was upgraded by analysts at National Bank Financial to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, National Bankshares set a C$4.50 target price on shares of IsoEnergy and gave the stock an “outperform” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$5.33.

IsoEnergy Stock Performance

Shares of ISO stock opened at C$3.86 on Tuesday. The company has a current ratio of 15.28, a quick ratio of 14.87 and a debt-to-equity ratio of 12.53. The firm has a fifty day simple moving average of C$3.86 and a two-hundred day simple moving average of C$3.86. IsoEnergy has a 12 month low of C$2.34 and a 12 month high of C$5.40. The firm has a market capitalization of C$689.24 million, a PE ratio of -22.71 and a beta of 0.97.

Insider Buying and Selling

In related news, Director Christopher Walter Mcfadden sold 115,000 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of C$2.82, for a total transaction of C$324,679.50. 36.90% of the stock is currently owned by corporate insiders.

IsoEnergy Company Profile

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.