Fission Uranium (TSE:FCU) Trading Up 6.9% – Time to Buy?

Fission Uranium Corp. (TSE:FCU) rose 6.9% on Thursday . The stock traded as high as C$0.78 and last traded at C$0.77. Approximately 757,882 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 2,705,709 shares. The stock had previously closed at C$0.72.

Analyst Ratings Changes

Separately, Canaccord Genuity Group dropped their price objective on shares of Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating for the company in a report on Tuesday, September 24th.

Fission Uranium Trading Up 4.2 %

The company has a market capitalization of C$644.06 million, a PE ratio of -75.00 and a beta of 2.69. The company has a quick ratio of 20.34, a current ratio of 23.97 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average price is C$0.93 and its two-hundred day moving average price is C$1.01.

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.