Fission Uranium (TSE:FCU) Stock Price Passes Above 50-Day Moving Average of $1.11

Fission Uranium Corp. (TSE:FCU)’s stock price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.11 and traded as high as C$1.20. Fission Uranium shares last traded at C$1.18, with a volume of 4,448,767 shares changing hands.

Analysts Set New Price Targets

FCU has been the subject of a number of analyst reports. Haywood Securities raised shares of Fission Uranium to a “strong-buy” rating in a research note on Friday, May 17th. Eight Capital set a C$2.30 target price on shares of Fission Uranium and gave the stock a “buy” rating in a report on Tuesday, June 25th. Finally, HC Wainwright set a C$1.90 price target on Fission Uranium and gave the company a “buy” rating in a report on Tuesday, June 25th.

Fission Uranium Stock Performance

The firm’s 50-day moving average price is C$1.11 and its 200-day moving average price is C$1.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 28.29 and a quick ratio of 20.34. The stock has a market cap of C$994.02 million, a P/E ratio of -114.00 and a beta of 2.83.

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.