Fission Uranium (TSE:FCU) PT Lowered to C$1.65

Fission Uranium (TSE:FCU) had its target price cut by Canaccord Genuity Group from C$1.75 to C$1.65 in a report issued on Tuesday, BayStreet.CA reports. The brokerage currently has a “speculative buy” rating on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 66.67% from the company’s previous close.

Several other research firms have also issued reports on FCU. Eight Capital set a C$2.30 target price on shares of Fission Uranium and gave the company a “buy” rating in a report on Tuesday, June 25th. HC Wainwright set a C$1.90 price objective on shares of Fission Uranium and gave the stock a “buy” rating in a report on Tuesday, June 25th.

Fission Uranium Price Performance

FCU stock opened at C$0.99 on Tuesday. The firm has a 50 day moving average price of C$0.97 and a 200-day moving average price of C$1.06. Fission Uranium has a 52-week low of C$0.72 and a 52-week high of C$1.38. The firm has a market capitalization of C$850.15 million, a price-to-earnings ratio of -99.00 and a beta of 2.69. The company has a debt-to-equity ratio of 0.05, a quick ratio of 20.34 and a current ratio of 23.97.

About Fission Uranium

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.