Fission Uranium (TSE:FCU) Stock Price Passes Above Fifty Day Moving Average of $0.69

Fission Uranium Corp. (TSE:FCUGet Rating)’s share price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.69 and traded as high as C$0.74. Fission Uranium shares last traded at C$0.74, with a volume of 2,464,900 shares.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. HC Wainwright reiterated a “buy” rating and issued a C$1.70 price target on shares of Fission Uranium in a research report on Wednesday, July 13th. BMO Capital Markets downgraded Fission Uranium from an “outperform” rating to a “market perform” rating in a report on Monday, June 27th.

Fission Uranium Trading Up 5.7 %

The company has a fifty day simple moving average of C$0.69 and a 200-day simple moving average of C$0.81. The company has a current ratio of 21.05, a quick ratio of 20.78 and a debt-to-equity ratio of 2.06. The stock has a market cap of C$500.54 million and a price-to-earnings ratio of -52.86.

Fission Uranium (TSE:FCUGet Rating) last posted its quarterly earnings data on Monday, May 16th. The company reported C($0.01) earnings per share (EPS) for the quarter. On average, research analysts forecast that Fission Uranium Corp. will post -0.01 earnings per share for the current fiscal year.

About Fission Uranium

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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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