Fission Uranium (TSE:FCU) Stock Price Up 6.8%

Fission Uranium Corp. (TSE:FCU)’s stock price rose 6.8% during mid-day trading on Monday . The stock traded as high as C$0.79 and last traded at C$0.79. Approximately 36,729 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 2,379,679 shares. The stock had previously closed at C$0.74.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FCU shares. Haywood Securities upgraded shares of Fission Uranium to a “strong-buy” rating in a research note on Friday, May 17th. 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. Finally, Eight Capital set a C$2.30 target price on Fission Uranium and gave the company a “buy” rating in a research note on Tuesday, June 25th.

Fission Uranium Price Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 23.97 and a quick ratio of 20.34. The business’s 50-day moving average price is C$1.07 and its two-hundred day moving average price is C$1.07. The firm has a market cap of C$729.93 million, a price-to-earnings ratio of -86.00 and a beta of 2.69.

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.