Fission Uranium (TSXV:FCU) has been on a tare for over 6 months now, peaking at a high of $0.69 in early may, with no stops in sight. There seems to be no plans of slowing down any time soon either. With last months closing of the previously announced $34.5 million bought deal offering. As well as recently commencing a feasibility study for PLS high-grade uranium in the Athabasca Basin region of Saskatchewan. Here at Stock Stalker Canada we think they will surpass its previous highs in the coming weeks. Take a look at our analysis below and see if Fission Uranium (FCU.TO) is the right investment for you.
Analysis
We’ll get right to it, currently at Stock Stalker our analysts have a Strong Buy recommendation. Our forecasts strongly point to (FCU.TO) Fission Uranium not only overtaking previous highs but reaching a new 52 week high of $0.76 in the weeks to come (if not higher). Over the next 6 month period current price targets range from a high of 1.50 to a low of 0.58. With an average predicted price target of $0.95, about a 65% increase from current prices.
SOURCE: Stockcharts.com
ABOUT Fission Uranium (TSXV:FCU):
Fission Uranium Corp. engages in the exploration and development of uranium properties. The firm’s projects include Patterson Lake South, which is located in Canada’s Athabasca Basin and is host to the Triple R deposit. The company was founded by Devinder Randhawa on February 13, 2013 and is headquartered in Kelowna, Canada.
SOURCE: Fission Uranium FCU
** As always the opinions stated are just that, opinions, you make and are responsible for your choices and investments, good luck!