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HC Wainwright Issues Positive Forecast for Fission Uranium (OTCMKTS:FCUUF) Stock Price

Fission Uranium logo with Basic Materials background

Fission Uranium (OTCMKTS:FCUUF - Get Free Report) had its price objective upped by HC Wainwright from $1.90 to $2.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a "buy" rating on the basic materials company's stock. HC Wainwright's target price would indicate a potential upside of 225.20% from the stock's current price.

Fission Uranium Trading Down 0.9 %

Shares of FCUUF traded down $0.01 during trading hours on Wednesday, reaching $0.62. The company had a trading volume of 541,798 shares, compared to its average volume of 600,883. The firm has a 50 day simple moving average of $0.71 and a 200-day simple moving average of $0.76. The company has a market capitalization of $528.14 million, a price-to-earnings ratio of -62.04 and a beta of 2.28. Fission Uranium has a 12-month low of $0.50 and a 12-month high of $1.01.

Fission Uranium Company Profile

(Get Free Report)

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.

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