Fission Uranium (OTCMKTS:FCUUF) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Fission Uranium Corp. (OTCMKTS:FCUUF) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.50 and traded as high as $0.51. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares traded.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group cut shares of Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday, December 19th.

Fission Uranium Stock Down 1.2 %

The firm’s 50 day simple moving average is $0.50 and its two-hundred day simple moving average is $0.59. The stock has a market cap of $433.08 million, a P/E ratio of -50.43 and a beta of 2.24.

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.