Fission Uranium (TSE:FCU) Cut to Hold at Canaccord Genuity Group

Canaccord Genuity Group downgraded shares of Fission Uranium (TSE:FCU) from a speculative buy rating to a hold rating in a report published on Thursday morning, MarketBeat Ratings reports. They currently have C$0.76 target price on the stock, down from their prior target price of C$1.65.

Separately, Canaccord Genuity Group decreased their target price on shares of Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating on the stock in a research note on Tuesday, September 24th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Fission Uranium has an average rating of “Buy” and an average price target of C$1.65.

Fission Uranium Stock Performance

FCU opened at C$0.74 on Thursday. The business’s 50-day simple moving average is C$0.91 and its 200 day simple moving average is C$1.01. The firm has a market capitalization of C$635.47 million, a PE ratio of -74.00 and a beta of 2.69. Fission Uranium has a 52-week low of C$0.70 and a 52-week high of C$1.38. 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 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.