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.
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