Fission Uranium (TSE:FCU) Sets New 12-Month Low – Here’s Why

Fission Uranium Corp. (TSE:FCU) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.71 and last traded at C$0.72, with a volume of 1035076 shares changing hands. The stock had previously closed at C$0.92.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their price objective on Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating for the company in a research report on Tuesday, September 24th.

Fission Uranium Stock Performance

The stock has a market cap of C$669.82 million, a P/E ratio of -78.00 and a beta of 2.69. The stock has a fifty day simple moving average of C$0.97 and a 200-day simple moving average of C$1.05. 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 (TSE:FCU) last posted its quarterly earnings data on Wednesday, August 14th. The company reported C($0.01) EPS for the quarter. On average, equities analysts expect that Fission Uranium Corp. will post -0.01 earnings per share for the current 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.