Fission Uranium (TSE:FCU) Price Target Raised to C$2.30

Fission Uranium (TSE:FCUFree Report) had its target price hoisted by Eight Capital from C$1.50 to C$2.30 in a research report report published on Monday, BayStreet.CA reports. Eight Capital currently has a buy rating on the stock.

Several other research analysts also recently commented on FCU. Haywood Securities set a C$1.55 price objective on Fission Uranium and gave the company a buy rating in a research note on Friday, October 20th. Canaccord Genuity Group lifted their target price on Fission Uranium from C$1.30 to C$1.40 and gave the company a speculative buy rating in a research report on Tuesday, September 26th.

Check Out Our Latest Analysis on FCU

Fission Uranium Stock Performance

FCU stock opened at C$1.24 on Monday. The company has a market capitalization of C$949.77 million, a P/E ratio of -124.00 and a beta of 2.74. The company has a debt-to-equity ratio of 0.08, a current ratio of 25.21 and a quick ratio of 20.34. The business has a 50-day moving average price of C$1.06 and a 200 day moving average price of C$0.86. Fission Uranium has a 1-year low of C$0.54 and a 1-year high of C$1.28.

Insider Buying and Selling at Fission Uranium

In related news, Senior Officer Chris Sammartino sold 25,000 shares of the firm’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of C$1.05, for a total value of C$26,250.00. In other Fission Uranium news, Senior Officer Ross E. Mcelroy sold 326,000 shares of the business’s stock in a transaction dated Tuesday, November 28th. The stock was sold at an average price of C$1.01, for a total value of C$329,260.00. Also, Senior Officer Chris Sammartino sold 25,000 shares of Fission Uranium stock in a transaction dated Friday, November 24th. The stock was sold at an average price of C$1.05, for a total value of C$26,250.00. 13.37% of the stock is owned by insiders.

About Fission Uranium

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Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. Its primary asset is the 100% owned Patterson Lake South property that consists of 17 contiguous mineral claims covering an area of approximately 31,039 hectares located in the Athabasca Basin region of Saskatchewan; and West Cluff property covering and area of 11,148 hectares located in the Western Athabasca Basin.

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