Fission Uranium (TSE:FCU) Stock Rating Lowered by Canaccord Genuity Group

Fission Uranium (TSE:FCU) was downgraded by investment analysts at Canaccord Genuity Group from a “speculative buy” rating to a “hold” rating in a research note issued to investors on Thursday,BayStreet.CA reports. They presently have a C$0.76 target price on the stock, down from their previous target price of C$1.65.

Separately, Canaccord Genuity Group reduced their price target on 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. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of C$1.65.

Fission Uranium Stock Up 5.6 %

Shares of FCU stock traded up C$0.04 on Thursday, hitting C$0.76. 2,993,499 shares of the stock were exchanged, compared to its average volume of 2,716,404. 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 firm has a market capitalization of C$652.64 million, a P/E ratio of -76.00 and a beta of 2.69. Fission Uranium has a fifty-two week low of C$0.70 and a fifty-two week high of C$1.38. The business has a 50-day moving average of C$0.93 and a 200 day moving average of C$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.