Fission Uranium (TSE:FCU) Price Target Cut to C$1.50 by Analysts at Eight Capital

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Fission Uranium (TSE:FCU) had its target price dropped by stock analysts at Eight Capital from C$2.00 to C$1.50 in a report issued on Thursday, BayStreet.CA reports. Eight Capital’s price target indicates a potential upside of 127.27% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. Canaccord Genuity boosted their price objective on Fission Uranium to C$0.70 and gave the company a “speculative buy” rating in a report on Friday, March 26th. HC Wainwright reissued a “buy” rating on shares of Fission Uranium in a report on Thursday, January 28th.

Shares of FCU opened at C$0.66 on Thursday. The stock has a 50-day moving average of C$0.57 and a two-hundred day moving average of C$0.40. Fission Uranium has a one year low of C$0.19 and a one year high of C$0.68. The company has a debt-to-equity ratio of 2.12, a quick ratio of 36.62 and a current ratio of 36.74. The stock has a market cap of C$381.29 million and a P/E ratio of -36.67.

Fission Uranium Company Profile

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 31,039 hectares located in the Athabasca Basin region of Saskatchewan.

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