Fission Uranium (TSE:FCU) Shares Cross Below 200 Day Moving Average of $1.12

Fission Uranium Corp. (TSE:FCU)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.12 and traded as low as C$1.06. Fission Uranium shares last traded at C$1.09, with a volume of 2,521,624 shares changing hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on FCU. Haywood Securities upgraded Fission Uranium to a “strong-buy” rating in a research report on Friday, May 17th. Eight Capital set a C$2.30 price objective on shares of Fission Uranium and gave the company a “buy” rating in a report on Tuesday, June 25th. Finally, HC Wainwright set a C$1.90 price objective on shares of Fission Uranium and gave the company a “buy” rating in a research report on Tuesday, June 25th.

Fission Uranium Stock Up 0.9 %

The firm has a market cap of C$926.63 million, a P/E ratio of -114.00 and a beta of 2.83. The company has a current ratio of 28.29, a quick ratio of 20.34 and a debt-to-equity ratio of 0.08. The business has a 50-day moving average price of C$1.16 and a 200-day moving average price of C$1.12.

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.