Fission Uranium (TSE:FCU) Share Price Crosses Above 50-Day Moving Average of $0.85

Fission Uranium Corp. (TSE:FCUGet Rating)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.85 and traded as high as C$0.86. Fission Uranium shares last traded at C$0.83, with a volume of 758,694 shares trading hands.

Analysts Set New Price Targets

Separately, HC Wainwright reiterated a “buy” rating and issued a C$1.70 price target on shares of Fission Uranium in a research report on Friday, January 27th.

Fission Uranium Stock Down 3.5 %

The firm has a market capitalization of C$570.82 million, a price-to-earnings ratio of -83.00 and a beta of 2.94. The business’s 50-day moving average is C$0.85 and its two-hundred day moving average is C$0.79. The company has a debt-to-equity ratio of 0.08, a quick ratio of 20.34 and a current ratio of 20.85.

Insider Buying and Selling

In other Fission Uranium news, Senior Officer Ross E. Mcelroy bought 1,326,086 shares of the stock in a transaction that occurred on Friday, January 27th. The stock was acquired at an average cost of C$1,326,086.00 per share, with a total value of C$1,758,504,079,396.00. Following the purchase, the insider now owns 3,647,479 shares in the company, valued at C$4,836,870,837,194. 14.54% of the stock is owned by company insiders.

About Fission Uranium

(Get Rating)

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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