The Globe and Mail reports in its Friday, Oct. 2, edition that RBC Dominion Securities analyst Andrew Wong began coverage of IsoEnergy with an "outperform" ranking, highlighting its "optionality and multiple avenues to benefit from a tightening uranium market." The Globe's David Leeder writes in the Eye On Equities column that Mr. Wong set a share target of $25. Analysts on average target the shares at $23.13. Mr. Wong says in a note: "We see significant strategic value in the flagship Hurricane project, a very high-grade uranium resource in Saskatchewan near infrastructure and bordering the Cameco/Orano Dawn Lake JV. IsoEnergy's ownership in newly-formed DISA Uranium could benefit from new technology to remediate/recover uranium from mine waste and improve economics for marginal uranium projects. Lastly, projects in Virginia and Australia could see value unlocks if uranium regulations become more accommodating, but timelines are uncertain." The Globe reported on Dec. 19 that National Bank Financial analyst Mohamed Sidibe had reaffirmed his "outperform" recommendation for IsoEnergy. The shares could then be had for $11.58.
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