Fission Uranium Corp. (OTCMKTS:FCUUF – Get Rating) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totalling 4,175,500 shares, a drop of 24.8% from the March 31st total of 5,554,400 shares. Based on an average trading volume of 923,000 shares, the days-to-cover ratio is presently 4.5 days.
Fission Uranium stock opened at $0.67 on Monday. The company’s 50 day simple moving average is $0.75 and its 200 day simple moving average is $0.72. Fission Uranium has a fifty-two week low of $0.35 and a fifty-two week high of $1.00. The company has a debt-to-equity ratio of 0.02, a current ratio of 33.09 and a quick ratio of 33.09.
Several equities research analysts have weighed in on FCUUF shares. Canaccord Genuity Group raised their price objective on shares of Fission Uranium from C$1.10 to C$1.30 and gave the company a “buy” rating in a research report on Friday, April 22nd. HC Wainwright reaffirmed a “buy” rating on shares of Fission Uranium in a research note on Monday, April 11th.
Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its primary asset is the 100% owned Patterson Lake South property that consists of 17 contiguous mineral claims covering an area of 31,039 hectares located in the Athabasca Basin region of Saskatchewan.
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