Fission Uranium (TSE:FCU) Stock Price Crosses Above 50 Day Moving Average of $1.04

Fission Uranium Corp. (TSE:FCU)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$1.04 and traded as high as C$1.09. Fission Uranium shares last traded at C$1.08, with a volume of 650,363 shares.

Wall Street Analysts Forecast Growth

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

Fission Uranium Stock Performance

The stock has a market cap of C$901.20 million, a PE ratio of -108.00 and a beta of 2.86. The company has a debt-to-equity ratio of 0.08, a current ratio of 28.29 and a quick ratio of 20.34. The firm has a 50 day moving average of C$1.04 and a two-hundred day moving average of C$1.04.

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.