Fission Uranium (TSE:FCU) Shares Up 1.3% – Still a Buy?

Fission Uranium Corp. (TSE:FCU)’s stock price shot up 1.3% during mid-day trading on Wednesday . The company traded as high as C$0.79 and last traded at C$0.79. 1,456,978 shares traded hands during trading, a decline of 47% from the average session volume of 2,737,940 shares. The stock had previously closed at C$0.78.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lowered their target price on Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating on the stock in a research note on Tuesday, September 24th.

Fission Uranium Stock Performance

The company has a debt-to-equity ratio of 0.05, a current ratio of 23.97 and a quick ratio of 20.34. The stock has a market capitalization of C$678.40 million, a PE ratio of -79.00 and a beta of 2.69. The stock has a 50 day moving average of C$0.95 and a two-hundred day moving average of C$1.02.

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.