Fission Uranium (TSE:FCU) Stock Price Crosses Above 50-Day Moving Average of $0.96

Fission Uranium Corp. (TSE:FCU)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.96 and traded as high as C$1.04. Fission Uranium shares last traded at C$1.01, with a volume of 2,227,115 shares trading hands.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Canaccord Genuity Group decreased their target price on Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating on the stock in a research report on Tuesday, September 24th. HC Wainwright set a C$1.90 target price on Fission Uranium and gave the company a “buy” rating in a research report on Tuesday, June 25th. Finally, Eight Capital set a C$2.30 target price on Fission Uranium and gave the company a “buy” rating in a research report on Tuesday, June 25th.

Fission Uranium Trading Down 1.9 %

The company has a quick ratio of 20.34, a current ratio of 23.97 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of C$867.33 million, a P/E ratio of -101.00 and a beta of 2.69. The firm has a 50 day moving average of C$0.96 and a 200-day moving average of C$1.06.

Fission Uranium (TSE:FCU) last issued its quarterly earnings results on Wednesday, August 14th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, equities research analysts predict that Fission Uranium Corp. will post -0.01 earnings per share for the current fiscal year.

Fission Uranium Company Profile

Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its flagship property is the 100% owned Patterson Lake South property with 17 contiguous mineral claims covering an area of 31,039 ha located in the Athabasca Basin region of Saskatchewan, Canada.