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Fission Uranium (TSE:FCU) Stock Rating Lowered by Canaccord Genuity Group

Fission Uranium logo with Energy background

Canaccord Genuity Group downgraded shares of Fission Uranium (TSE:FCU - Free Report) from a speculative buy rating to a hold rating in a research report report published on Thursday,BayStreet.CA reports. The brokerage currently has C$0.76 price target on the stock, down from their prior price target of C$1.65.

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 report on Tuesday, September 24th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Fission Uranium currently has an average rating of "Buy" and an average target price of C$1.65.

Check Out Our Latest Research Report on FCU

Fission Uranium Stock Performance

Shares of Fission Uranium stock traded up C$0.04 on Thursday, reaching C$0.76. 5,354,899 shares of the company were exchanged, compared to its average volume of 2,726,411. The company has a debt-to-equity ratio of 0.05, a quick ratio of 20.34 and a current ratio of 23.97. The firm has a market cap of C$652.64 million, a price-to-earnings ratio of -76.00 and a beta of 2.69. Fission Uranium has a 1-year low of C$0.70 and a 1-year high of C$1.38. The company's 50-day moving average is C$0.93 and its two-hundred day moving average is C$1.01.

About Fission Uranium

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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.

Further Reading

Analyst Recommendations for Fission Uranium (TSE:FCU)

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