Fission Uranium (TSE:FCU) Trading Down 3.5%

Fission Uranium Corp. (TSE:FCU)’s stock price dropped 3.5% on Wednesday . The stock traded as low as C$1.09 and last traded at C$1.10. Approximately 675,091 shares were traded during trading, a decline of 71% from the average daily volume of 2,290,866 shares. The stock had previously closed at C$1.14.

Analysts Set New Price Targets

Separately, Eight Capital raised their price objective on Fission Uranium from C$1.50 to C$2.30 and gave the company a “buy” rating in a research report on Monday, January 15th.

Fission Uranium Stock Up 3.7 %

The stock’s 50 day simple moving average is C$1.05 and its 200 day simple moving average is C$1.06. The stock has a market capitalization of C$926.32 million, a P/E ratio of -111.00 and a beta of 2.86. The company has a current ratio of 28.29, a quick ratio of 20.34 and a debt-to-equity ratio of 0.08.

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.