Fission Uranium (OTCMKTS:FCUUF) Lowered to “Hold” Rating by Canaccord Genuity Group

Canaccord Genuity Group cut shares of Fission Uranium (OTCMKTS:FCUUF) from a moderate buy rating to a hold rating in a research note released on Thursday,Zacks.com reports.

Separately, HC Wainwright upped their price objective on shares of Fission Uranium from $1.90 to $2.00 and gave the company a “buy” rating in a research note on Wednesday, November 20th.

Fission Uranium Price Performance

OTCMKTS FCUUF opened at $0.51 on Thursday. The company’s 50 day simple moving average is $0.64 and its two-hundred day simple moving average is $0.72. Fission Uranium has a 1 year low of $0.50 and a 1 year high of $1.01. The stock has a market capitalization of $441.49 million, a PE ratio of -51.41 and a beta of 2.24.

About Fission Uranium

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.