Brokers Issue Forecasts for IsoEnergy FY2024 Earnings

IsoEnergy Ltd. (CVE:ISO) – Investment analysts at National Bank Financial issued their FY2024 earnings per share estimates for IsoEnergy in a report issued on Tuesday, February 11th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings of ($0.05) per share for the year. National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for IsoEnergy’s current full-year earnings is ($0.06) per share. National Bank Financial also issued estimates for IsoEnergy’s FY2025 earnings at ($0.06) EPS, FY2026 earnings at ($0.07) EPS and FY2027 earnings at $0.00 EPS.

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

IsoEnergy Price Performance

CVE:ISO opened at C$3.86 on Friday. The company has a debt-to-equity ratio of 12.53, a quick ratio of 14.87 and a current ratio of 15.28. The stock’s 50-day simple moving average is C$3.86 and its 200 day simple moving average is C$3.86. The company has a market cap of C$689.24 million, a P/E ratio of -22.71 and a beta of 0.97. IsoEnergy has a 52-week low of C$2.34 and a 52-week high of C$5.40.

Insider Transactions at IsoEnergy

In other news, Director Christopher Walter Mcfadden sold 115,000 shares of IsoEnergy stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of C$2.82, for a total value of C$324,679.50. Corporate insiders own 36.90% of the company’s stock.

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.