Fission Uranium (OTCMKTS:FCUUF) Share Price Crosses Below 50 Day Moving Average – Here’s Why

by · The Markets Daily

Fission Uranium Corp. (OTCMKTS:FCUUF – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.64 and traded as low as $0.50. Fission Uranium shares last traded at $0.51, with a volume of 184,673 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. HC Wainwright boosted their price target on shares of Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Canaccord Genuity Group lowered shares of Fission Uranium from a “moderate buy” rating to a “hold” rating in a report on Thursday.

View Our Latest Report on FCUUF

Fission Uranium Stock Down 2.3 %

The firm has a market cap of $441.49 million, a price-to-earnings ratio of -51.41 and a beta of 2.24. The firm has a 50 day moving average of $0.64 and a 200 day moving average of $0.72.

Fission Uranium Company Profile

(Get Free Report)

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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