Canaccord Genuity Group Cuts Fission Uranium (TSE:FCU) Price Target to C$1.65

Fission Uranium (TSE:FCU) had its target price decreased by investment analysts at Canaccord Genuity Group from C$1.75 to C$1.65 in a research report issued on Tuesday, BayStreet.CA reports. The brokerage presently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 63.37% from the company’s current price.

FCU has been the subject of several other reports. HC Wainwright set a C$1.90 target price on Fission Uranium and gave the company a “buy” rating in a research note on Tuesday, June 25th. Eight Capital set a C$2.30 target price on Fission Uranium and gave the stock a “buy” rating in a report on Tuesday, June 25th.

Fission Uranium Trading Up 8.6 %

Shares of TSE:FCU traded up C$0.08 during midday trading on Tuesday, reaching C$1.01. The company’s stock had a trading volume of 3,001,656 shares, compared to its average volume of 2,621,785. The firm has a market capitalization of C$867.33 million, a price-to-earnings ratio of -101.00 and a beta of 2.69. The firm has a 50 day moving average price of C$0.98 and a two-hundred day moving average price of C$1.06. The company has a debt-to-equity ratio of 0.05, a quick ratio of 20.34 and a current ratio of 23.97. Fission Uranium has a fifty-two week low of C$0.72 and a fifty-two week high of C$1.38.

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.