Fission Uranium (OTCMKTS:FCUUF) Shares Pass Above 50 Day Moving Average – What’s Next?

Fission Uranium Corp. (OTCMKTS:FCUUF)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 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 trading hands.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on FCUUF shares. Canaccord Genuity Group downgraded Fission Uranium from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 19th. HC Wainwright upped their price target on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th.

Fission Uranium Stock Down 1.2 %

The business has a 50 day simple moving average of $0.51 and a two-hundred day simple moving average of $0.62. The firm has a market cap of $433.08 million, a PE 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.