IsoEnergy (CVE:ISO) Stock Price Target Cut by Royal Bank Of Canada

IsoEnergy (CVE:ISO) had its price target decreased by investment analysts at Royal Bank Of Canada to C$20.00 in a research note issued to investors on Tuesday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price objective points to a potential upside of 418.13% from the company’s current price.

Separately, National Bank Financial decreased their target price on 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 company has a consensus rating of “Buy” and an average price target of C$20.75.

IsoEnergy Stock Performance

Shares of CVE:ISO remained flat at C$3.86 during midday trading on Tuesday. The stock had a trading volume of 40,086 shares, compared to its average volume of 247,303. The company has a current ratio of 15.28, a quick ratio of 14.87 and a debt-to-equity ratio of 12.53. IsoEnergy has a 1 year low of C$2.34 and a 1 year high of C$5.40. The company has a market capitalization of C$689.24 million, a P/E ratio of -22.71 and a beta of 0.97. The stock’s 50 day moving average price is C$3.86 and its 200 day moving average price is C$3.86.

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.