Fission Uranium Corp. (OTCMKTS:FCUUF) Sees Large Growth in Short Interest

Fission Uranium Corp. (OTCMKTS:FCUUF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 11,297,900 shares, a growth of 9.7% from the November 30th total of 10,302,300 shares. Based on an average daily volume of 582,200 shares, the short-interest ratio is presently 19.4 days.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Canaccord Genuity Group downgraded Fission Uranium from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 19th. HC Wainwright upped their target price on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th.

Fission Uranium Trading Down 1.2 %

Fission Uranium stock opened at $0.50 on Thursday. The firm has a market capitalization of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24. The firm’s fifty day moving average price is $0.59 and its two-hundred day moving average price is $0.71. Fission Uranium has a 1-year low of $0.50 and a 1-year high of $1.01.

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.