H.C. Wainwright Believes Fission Uranium (FCUUF) Still Has Room to Grow


In a report released today, Heiko Ihle from H.C. Wainwright reiterated a Buy rating on Fission Uranium (FCUUF), with a price target of $0.60. The company’s shares closed last Friday at $0.47, close to its 52-week high of $0.53.

According to TipRanks.com, Ihle is a top 25 analyst with an average return of 46.9% and a 64.5% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and First Majestic Silver.

Fission Uranium has an analyst consensus of Moderate Buy, with a price target consensus of $0.58, a 18.4% upside from current levels. In a report issued on March 25, Canaccord Genuity also maintained a Buy rating on the stock with a C$0.70 price target.

See today’s analyst top recommended stocks >>

Fission Uranium’s market cap is currently $272.6M and has a P/E ratio of -36.30. The company has a Price to Book ratio of 1.07.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fission Uranium Corp. explores and develops uranium properties. The firm’s project include Patterson Lake South, which is located in Canada’s Athabasca Basin is host to the Triple R deposit. The company was founded by Devinder Randhawa in 2007 and is headquartered in Kelowna, Canada.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts