Streetbeat News

FCUUF

Fission Uranium Corp

https://www.fissionuranium.com/

Industry

Bituminous Coal and Lignite Surface Mining

Open

0.65

Mkt cap

556M

Volume

99K

High

0.65

P/E Ratio

-64.73

52-wk high

1.01

Low

0.64

Div yield

N/A

52-wk low

0.53

Paladin Energy's acquisition of Fission Uranium is under review by Canadian regulators due to national security concerns, particularly regarding Chinese investments. The deal, valued at $846 million, could significantly impact the uranium market by consolidating assets and influencing the global supply chain.

Portfolio Pulse from Stjepan Kalinic

October 02, 2024 | 8:58 pm

HC Wainwright & Co. has reiterated its Buy rating on Fission Uranium (OTC:FCUUF) and maintained a price target of $1.9.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:18 am

Paladin Energy is acquiring Fission Uranium for $833 million in an all-stock transaction, expanding its footprint in Canada. The deal includes Fission's advanced-stage Triple R deposit and is expected to close by September 2024. The acquisition is part of a broader trend in the uranium market, with prices having doubled recently.

Portfolio Pulse from Stjepan Kalinic

June 24, 2024 | 6:16 pm

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Fission Uranium (OTC:FCUUF) and raises the price target from $1.7 to $1.9.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 10:20 am

The uranium mining industry is witnessing a resurgence due to rising nuclear fuel prices, driven by increased interest in nuclear energy as a solution to climate change. This has led to the revival of old mines and a flurry of mergers and acquisitions in the sector. Companies like Cameco and Denison Mines are ramping up production in Canada, while NexGen Energy, 92 Energy, IsoEnergy, and Fission Uranium Corporation are engaging in significant financial activities to expand their operations. The U.S. is also seeing a revival in uranium production amid geopolitical tensions affecting uranium imports from Kazakhstan.

Portfolio Pulse from Stjepan Kalinic

March 04, 2024 | 3:39 pm

Fission Uranium (OTC:FCUUF) is raising CA$75 million through the sale of 65.6 million shares at CA$1.18 each to fund its Patterson Lake South uranium project in Saskatchewan, Canada. Canaccord Genuity (OTCPK:CCORF) and SCP Resource Finance are leading the deal, expected to close on Feb. 12. The project, in a region known for uranium production, shows a 27.2% internal rate of return from a feasibility study. Cameco (NYSE:CCJ) and Denison Mines (AMEX:DNN) also operate major mines in the area. Fission's stock fell 10% after the announcement.

Portfolio Pulse from Stjepan Kalinic

February 06, 2024 | 10:19 pm

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