IsoEnergy (NYSEAMERICAN:ISOU) Posts Earnings Results, Misses Expectations By $0.05 EPS

IsoEnergy (NYSEAMERICAN:ISOU) released its quarterly earnings data 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 Trading Up 0.1%

NYSEAMERICAN ISOU traded up $0.01 during trading on Wednesday, hitting $8.07. The company had a trading volume of 100,762 shares, compared to its average volume of 132,570. The company’s fifty day moving average is $9.71 and its 200-day moving average is $10.48. IsoEnergy has a one year low of $7.19 and a one year high of $13.58. The company has a market cap of $526.81 million, a price-to-earnings ratio of -47.47 and a beta of 1.87.

Analysts Set New Price Targets

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

About IsoEnergy

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.