Fission Uranium (OTCMKTS:FCUUF) Share Price Passes Above 50-Day Moving Average – Should You Sell?

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

Analysts Set New Price Targets

FCUUF has been the topic of a number of research analyst reports. Canaccord Genuity Group lowered Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday, December 19th. HC Wainwright lifted their target price on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a report on Wednesday, November 20th.

Fission Uranium Stock Performance

The company has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.61. The company has a market cap of $433.08 million, a PE 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.