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

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

Separately, Canaccord Genuity Group reduced their price target on shares of Fission Uranium from C$1.75 to C$1.65 and set a “speculative buy” rating for the company in a research report on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$1.65.

Fission Uranium Stock Performance

Shares of Fission Uranium stock opened at C$0.76 on Thursday. Fission Uranium has a 1 year low of C$0.70 and a 1 year high of C$1.38. The firm’s 50-day moving average is C$0.92 and its 200 day moving average is C$1.01. The stock has a market cap of C$652.64 million, a price-to-earnings ratio of -76.00 and a beta of 2.69. The company has a debt-to-equity ratio of 0.05, a current ratio of 23.97 and a quick ratio of 20.34.

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.