Fission Uranium (TSE:FCU) Shares Pass Above 50-Day Moving Average of $0.85

Fission Uranium Corp. (TSE:FCUGet Rating) shares crossed 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 traded.

Wall Street Analysts Forecast Growth

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

Fission Uranium Stock Performance

The firm has a market cap of C$570.82 million, a price-to-earnings ratio of -83.00 and a beta of 2.94. The stock has a 50 day moving average of C$0.85 and a 200 day moving average of C$0.79. The company has a quick ratio of 20.34, a current ratio of 20.85 and a debt-to-equity ratio of 0.08.

Insider Activity at Fission Uranium

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