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

Fission Uranium (TSE:FCU) was downgraded by equities research analysts at Canaccord Genuity Group from a “speculative buy” rating to a “hold” rating in a research note issued on Thursday,BayStreet.CA reports. They presently have a C$0.76 price target on the stock, down from their previous price target of C$1.65. Canaccord Genuity Group’s price objective points to a potential upside of 2.70% from the company’s current price.

Separately, Canaccord Genuity Group decreased their price target on Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating on the stock in a research note on Tuesday, September 24th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$1.65.

Fission Uranium Stock Performance

Shares of TSE FCU opened at C$0.74 on Thursday. Fission Uranium has a one year low of C$0.70 and a one year high of C$1.38. The company has a current ratio of 23.97, a quick ratio of 20.34 and a debt-to-equity ratio of 0.05. The business has a fifty day simple moving average of C$0.91 and a 200 day simple moving average of C$1.01. The firm has a market capitalization of C$635.47 million, a price-to-earnings ratio of -74.00 and a beta of 2.69.

About Fission Uranium

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.