Canaccord Genuity Group Downgrades Fission Uranium (OTCMKTS:FCUUF) to Hold

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

Separately, HC Wainwright lifted their price objective on Fission Uranium from $1.90 to $2.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th.

Fission Uranium Trading Down 2.3 %

Shares of FCUUF stock opened at $0.51 on Thursday. The firm has a market capitalization of $441.49 million, a price-to-earnings ratio of -51.41 and a beta of 2.24. The firm’s 50 day moving average is $0.64 and its 200-day moving average is $0.72. Fission Uranium has a 1 year low of $0.50 and a 1 year high of $1.01.

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.