One-glance verdict
Not enough data
Fair value unavailable
Not enough cash-flow history to value this one with our method.
Fundamentals snapshot
IsoEnergy Ltd.
ISOU · ASE · Energy · Uranium
Current price
$10.31
52-week range
$7.19 - $13.58
Market cap
$672.79M
Balance sheet
Healthy
-20.07x Concerning
Net cash $113.95M. Interest coverage shows how many times profit covers the interest bill.
What stands out
0 Rewards
1 Risk
0 rewards · 1 risks
View details ↓What this company does
IsoEnergy Ltd.
IsoEnergy is a mining exploration company that searches for valuable materials, with a special focus on uranium for nuclear power. Because it's not yet selling a final product, the company's value comes from the potential of the land it owns in places like Canada and Australia. Investors are interested based on the possibility that IsoEnergy will discover a large, valuable deposit that could be developed into a profitable mine.
How the company got here
IsoEnergy was founded in 2016 primarily to search for uranium in Canada. A major turning point came in 2018 when it discovered the Hurricane deposit, which contains a very high concentration of uranium. To grow and reduce its reliance on this single project, the company merged with Consolidated Uranium in late 2023. This merger transformed IsoEnergy from a Canadian explorer into a more diversified company with properties in the United States and Australia, positioning it as a more significant player in the global uranium industry.
What it actually does
IsoEnergy is in the business of finding and preparing future sources of uranium, the fuel for nuclear power plants. Think of them not as a store that sells a finished product, but as a company that buys land with the potential for valuable minerals and then explores it to see what's underground. Their main work involves drilling to discover and define the size and quality of uranium deposits. The company does not currently mine or sell uranium; its goal is to prove it has valuable assets that can be turned into productive mines in the future.
Canadian Exploration (Athabasca Basin)
This is the company's main focus and includes its most valuable asset, the Hurricane deposit. This project involves exploring land in Saskatchewan, Canada, which is known for having the world's highest-grade uranium (meaning a large amount of uranium is concentrated in a small amount of rock). The work here is to keep drilling to understand the full size of the Hurricane deposit, which could become a very profitable mine one day because of its high quality. This part of the business represents the company's biggest long-term potential.
U.S. Near-Term Production Potential
This part of the company consists of several uranium mines in Utah that have operated in the past but are currently on standby. Because these mines already have the necessary permits and some infrastructure, they could be restarted much more quickly and cheaply than building a new mine from scratch. This gives IsoEnergy a potential path to becoming a producer and generating revenue (money from selling a product) in the near-term if uranium prices make it profitable to restart operations. This business line offers a faster, though smaller, opportunity compared to its Canadian project.
Australian Development Projects
Through the acquisition of another company, IsoEnergy now owns the Wiluna Uranium Project in Australia. This project is a very large, long-term opportunity that adds significant scale to the company's portfolio. Unlike the high-grade Canadian deposit, this asset has a larger quantity of lower-grade uranium. This geographical diversification (spreading investments across different locations) reduces the company's risk by giving it another major project in a different country with a different timeline for development.
What management is betting on now
Management's core strategy is to build a global, multi-project uranium company to reduce risk. Instead of betting everything on one mine, they are advancing assets in three top mining jurisdictions (politically stable countries with clear mining laws) – Canada, the U.S., and Australia. The immediate priorities are to continue drilling to expand the high-grade Hurricane deposit in Canada and to complete studies on restarting the U.S. mines, which could provide the company's first cash flow (cash left after paying operating costs). This diversified approach is designed to give the company multiple ways to grow and become a significant uranium supplier as global demand for nuclear energy increases.
Price history
How the share price has moved
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Is it cheap or expensive?
Fair value — vs current price $10.31
We couldn't calculate a fair value right now.
Is it drowning in debt?
Healthy
Net cash $114.0M - more cash than debt. Interest coverage -20.1x.
Net debt
$-113.95M
Interest coverage
-20.07x
IsoEnergy Ltd.'s profit covers its interest bill about 0.0 times over. which is weaker than most peers shown here and 5 peers sit below 1x, which is the danger zone where profit does not fully cover the interest bill.
Healthy
Worse cushion
Baseline
Better cushion
ISOU
BASELINE
IsoEnergy Ltd.
Total debt $4.58M Interest coverage -20.07x This is the baseline the peer rows are being compared against.
Total debt $1.91M Interest coverage -50.78x Neither company has much profit cushion over interest right now.
Total debt $491.32M Interest coverage -5.64x Neither company has much profit cushion over interest right now.
Total debt $678.34M Interest coverage -609.37x Neither company has much profit cushion over interest right now.
Total debt $88.71M Interest coverage -35.63x Neither company has much profit cushion over interest right now.
Total debt $113.67M Interest coverage -19.39x Neither company has much profit cushion over interest right now.
What you should know
The case for and against ISOU
0 Rewards
1 Risk
Rewards
Risks
-
Return on equity was -2.7% last year — the company lost money on shareholders' equity.
The numbers
All the key metrics, grouped by purpose
Tap any ? icon to learn what it means.
Valuation
How expensive the stock looks
P/E (TTM)
—
Forward P/E
—
P/B
1.71x
P/S
—
EV/EBITDA
-26.33x
PEG ratio
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Profitability
How much profit each dollar creates
Gross margin
0.0%
Operating margin
0.0%
Net margin
0.0%
ROE
-2.7%
ROA
-2.5%
Health
Liquidity and balance-sheet strength
Debt / equity
0.01x
Current ratio
10.20x
Quick ratio
10.05x
Total debt
$4.58M
Total cash
$118.54M
Growth
How the business has been compounding
Revenue TTM
$0.00
Revenue 5Y CAGR
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EPS TTM
-0.17
EPS 5Y CAGR
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Cash flow
How much cash the business throws off
Operating CF TTM
$-9.16M
Free CF TTM
$-26.34M
FCF margin
—
Dividend
Shareholder payout
Yield
—
Payout ratio
0.0%
Last ex-div date
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