IsoEnergy Prepares for Potential Uranium Production Restart at Tony M Mine

The latest announcement is out from IsoEnergy ( (TSE:ISO) ).

IsoEnergy Ltd. has announced the initiation of key work programs at its Tony M Mine in the U.S., aimed at supporting a potential restart of uranium production. With all necessary permits and infrastructure in place, and a toll milling agreement with Energy Fuels Inc., the company is well-positioned to quickly resume operations. The work includes technical studies to optimize mine operations, reduce costs, and accelerate timelines, aligning with the growing demand for domestic uranium production driven by U.S. nuclear policy. A production decision is anticipated in 2025, following ongoing evaluations, potentially establishing IsoEnergy as a significant player in the U.S. uranium market.

The most recent analyst rating on (TSE:ISO) stock is a Buy with a C$5.50 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 mining industry, focusing on the development and production of uranium resources. The company is primarily engaged in advancing its portfolio of past-producing uranium mines in the United States, with a strategic emphasis on optimizing operational readiness and reducing production costs.

Average Trading Volume: 113,120

Technical Sentiment Signal: Sell

Current Market Cap: C$477.9M

For detailed information about ISO stock, go to TipRanks’ Stock Analysis page.