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H.C. Wainwright Sticks to Their Buy Rating for Fission Uranium (FCUUF)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on Fission Uranium (FCUUFResearch Report) today and set a price target of $1.70. The company’s shares closed last Friday at $0.83.

According to TipRanks.com, Ihle is a 4-star analyst with an average return of 8.4% and a 48.4% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Solitario Exploration & Royalty, Northern Dynasty Minerals, and Americas Gold and Silver.

Fission Uranium has an analyst consensus of Moderate Buy, with a price target consensus of $1.70.

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Based on Fission Uranium’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $922.1K. In comparison, last year the company had a GAAP net loss of $3.79 million.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of FCUUF in relation to earlier this year.

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.

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