Fission Uranium (TSE:FCU) Stock Passes Above 50 Day Moving Average of $1.04

Shares of Fission Uranium Corp. (TSE:FCU) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.04 and traded as high as C$1.16. Fission Uranium shares last traded at C$1.10, with a volume of 1,308,895 shares.

Wall Street Analysts Forecast Growth

Separately, Eight Capital lifted their price objective on Fission Uranium from C$1.50 to C$2.30 and gave the stock a “buy” rating in a report on Monday, January 15th.

Fission Uranium Stock Up 1.9 %

The company has a debt-to-equity ratio of 0.08, a quick ratio of 20.34 and a current ratio of 28.29. The firm has a fifty day simple moving average of C$1.04 and a 200-day simple moving average of C$1.05. The company has a market capitalization of C$917.88 million, a PE ratio of -110.00 and a beta of 2.86.

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.