IsoEnergy (TSE:ISO) Stock Price Down 1.6% – Here’s Why

IsoEnergy Ltd. (TSE:ISOGet Free Report)’s stock price dropped 1.6% during mid-day trading on Friday . The stock traded as low as C$12.45 and last traded at C$12.96. 192,686 shares traded hands during trading, a decline of 21% from the average session volume of 243,004 shares. The stock had previously closed at C$13.17.

IsoEnergy Stock Down 1.6%

The stock has a market cap of C$842.26 million, a price-to-earnings ratio of -76.24 and a beta of 0.80. The business has a 50-day moving average of C$15.06 and a 200-day moving average of C$15.09.

IsoEnergy (TSE:ISOGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported C($0.03) earnings per share for the quarter.

About IsoEnergy

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IsoEnergy (NYSE American: ISOU; TSX: ISO) is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near-, medium- and long-term leverage to rising uranium prices. IsoEnergy is currently advancing its Larocque East project in Canada’s Athabasca basin, which is home to the Hurricane deposit, boasting the world’s highest-grade indicated uranium mineral resource.

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