The Globe and Mail reports in its Tuesday, Oct. 7, edition that Stifel analyst Ralph Profiti thinks the asset base for IsoEnergy "offers investors a rare blend of near-term U.S. production and high-grade Canadian exploration upside." The Globe's David Leeder writes in the Eye On Equities column that Mr. Profiti resumed coverage of the Toronto-based company with a "buy" ranking. Mr. Profiti set a share target of $22. Analysts on average target the shares at $21.64. Mr. Profiti says in a note: "In the U.S., the fully permitted Tony M. Mine positions the company to capitalize on increasing energy security and on-shoring policy momentum. With low capex and near-term production potential we view Tony M as a uniquely attractive -- and underappreciated for its reduced permitting and execution risk in a structurally under-supplied domestic U.S. uranium market. In Canada, IsoEnergy's flagship Hurricane deposit ranks among the highest-grade undeveloped uranium assets globally. ... IsoEnergy's disciplined yet aggressive approach to exploration adds further upside opportunity, positioning the company well to unlock blue-sky value creation through the drill bit."
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