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

Fission Uranium Corp. (OTCMKTS:FCUUF)’s share 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 changing hands.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. HC Wainwright boosted 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. Canaccord Genuity Group lowered Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday, December 19th.

Fission Uranium Trading Down 1.2 %

The company has a fifty day moving average of $0.51 and a two-hundred day moving average of $0.61. The stock has a market capitalization of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24.

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.