Royal Bank Of Canada Issues Pessimistic Forecast for IsoEnergy (CVE:ISO) Stock Price

IsoEnergy (CVE:ISO) had its price target cut by Royal Bank Of Canada to C$20.00 in a report released on Tuesday, BayStreet reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price objective would suggest a potential upside of 418.13% from the stock’s previous close.

Separately, National Bank Financial reduced their price target on shares of IsoEnergy from C$20.00 to C$18.00 and set an “outperform” rating for the company in a research report on Tuesday. Four research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$20.75.

IsoEnergy Price Performance

CVE:ISO remained flat at C$3.86 on Tuesday. The company’s stock had a trading volume of 40,086 shares, compared to its average volume of 247,303. The stock has a market cap of C$689.24 million, a PE ratio of -22.71 and a beta of 0.97. 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 business has a 50-day moving average price of C$3.86 and a 200-day moving average price of C$3.86. IsoEnergy has a fifty-two week low of C$2.34 and a fifty-two week high of C$5.40.

About IsoEnergy

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. IsoEnergy Ltd. was incorporated in 2016 and is headquartered in Saskatoon, Canada.