Fission Uranium (OTCMKTS:FCUUF) Shares Pass Above 50 Day Moving Average – What’s Next?

Fission Uranium Corp. (OTCMKTS:FCUUF)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.51 and traded as high as $0.51. Fission Uranium shares last traded at $0.50, with a volume of 276,503 shares.

Analyst Ratings Changes

FCUUF has been the subject of several research analyst reports. HC Wainwright raised their price objective on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. Canaccord Genuity Group cut Fission Uranium from a “moderate buy” rating to a “hold” rating in a research report on Thursday, December 19th.

Fission Uranium Stock Performance

The firm has a market capitalization of $433.08 million, a price-to-earnings ratio of -50.43 and a beta of 2.24. The business has a 50 day simple moving average of $0.51 and a 200-day simple moving average of $0.62.

Fission Uranium Company Profile

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.