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IsoEnergy ( (TSE:ISO) ) has shared an announcement.
IsoEnergy Ltd. has announced its acquisition of Toro Energy Ltd., which will enhance its uranium portfolio by adding Toro’s Wiluna Uranium Project in Western Australia. This strategic move is expected to strengthen IsoEnergy’s development pipeline and diversify its resource base, positioning the company as a leading player in the uranium sector with significant near-term production potential. The transaction offers Toro shareholders a premium on their shares and exposure to a larger, more diversified portfolio of uranium assets.
The most recent analyst rating on (TSE:ISO) stock is a Buy with a C$22.00 price target. To see the full list of analyst forecasts on IsoEnergy stock, see the TSE:ISO Stock Forecast page.
More about IsoEnergy
IsoEnergy Ltd. operates in the uranium industry, focusing on the exploration and development of uranium projects. Its portfolio includes past-producing mines in the U.S., the high-grade Hurricane deposit in Canada’s Athabasca Basin, and various development and exploration assets across Canada, the U.S., and Australia.
Average Trading Volume: 172,787
Technical Sentiment Signal: Buy
Current Market Cap: C$786.3M
Find detailed analytics on ISO stock on TipRanks’ Stock Analysis page.