The Globe and Mail reports in its Friday, Aug. 23, edition that Ventum Capital Markets analyst Alex Terentiew says the fundamentals for the uranium market remain "clear" for longer-term investors, expecting prices to trend higher and "quality" companies to follow suit. The Globe's David Leeder writes in the Eye On Equities column that while equities have slid, Mr. Terentiew says fundamentals "remain strong." Mr. Terentiew continues to rate IsoEnergy "buy." He lowered his share target by a loonie to $6, matching the consensus. The Ventum stockpicker says in a note: "With its Tony M project in Utah advancing and first production by our estimate in Q1/26, and exploration at its Larocque East project and Hurricane deposit identifying new targets, we continue to believe IsoEnergy has significant long-term strategic value due to its ultra-high grade and location contiguous with Cameco and Orano's Dawn Lake project immediately across the claim boundary to the west. We have, however, trimmed our target as we incorporated some adjustments to our Tony M forecasts and trimmed our valuation multiple on Hurricane to reflect general weakness in the market."
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