Fission Uranium (TSE:FCU) Trading Up 1.3% – Still a Buy?

Fission Uranium Corp. (TSE:FCU) traded up 1.3% during mid-day trading on Wednesday . The stock traded as high as C$0.79 and last traded at C$0.79. 1,456,978 shares traded hands during trading, a decline of 47% from the average session volume of 2,737,940 shares. The stock had previously closed at C$0.78.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group decreased their price objective on shares of Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating for the company in a research report on Tuesday, September 24th.

Fission Uranium Price Performance

The company has a 50 day moving average price of C$0.94 and a 200 day moving average price of C$1.02. The company has a current ratio of 23.97, a quick ratio of 20.34 and a debt-to-equity ratio of 0.05. The company has a market capitalization of C$695.58 million, a P/E ratio of -81.00 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.