Fission Uranium (OTCMKTS:FCUUF) Stock Price Expected to Rise, HC Wainwright Analyst Says

Fission Uranium (OTCMKTS:FCUUF) had its price objective hoisted by equities research analysts at HC Wainwright from $1.90 to $2.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the basic materials company’s stock. HC Wainwright’s price target indicates a potential upside of 227.87% from the stock’s previous close.

Fission Uranium Price Performance

FCUUF opened at $0.61 on Wednesday. The business has a fifty day moving average price of $0.70 and a 200 day moving average price of $0.76. Fission Uranium has a 12 month low of $0.50 and a 12 month high of $1.01. The stock has a market capitalization of $523.85 million, a price-to-earnings ratio of -61.00 and a beta of 2.28.

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.