Fission Uranium (OTCMKTS:FCUUF) Downgraded to Hold Rating by Canaccord Genuity Group

Fission Uranium (OTCMKTS:FCUUF) was downgraded by investment analysts at Canaccord Genuity Group from a “moderate buy” rating to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

Separately, HC Wainwright upped their target price on shares of Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th.

Fission Uranium Stock Performance

Shares of FCUUF opened at $0.51 on Thursday. The firm’s 50 day moving average price is $0.64 and its two-hundred day moving average price is $0.72. Fission Uranium has a twelve month low of $0.50 and a twelve month high of $1.01. The firm has a market cap of $441.49 million, a P/E ratio of -51.41 and a beta of 2.24.

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.