IsoEnergy (NYSEAMERICAN:ISOU) Releases Earnings Results, Misses Estimates By $0.05 EPS

IsoEnergy (NYSEAMERICAN:ISOU) announced its quarterly 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 Up 0.1%

ISOU stock traded up $0.01 during mid-day 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 has a 50-day moving average price of $9.71 and a 200 day moving average price of $10.48. IsoEnergy has a 12-month low of $7.19 and a 12-month high of $13.58. The company has a market capitalization of $526.81 million, a price-to-earnings ratio of -47.47 and a beta of 1.87.

Wall Street Analyst Weigh In

Separately, Royal Bank Of Canada initiated coverage on IsoEnergy in a research note 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 company’s stock. According to data from MarketBeat, IsoEnergy 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.