Fission Uranium Corp T.FCU

Alternate Symbol(s): FCUUF

Energy

Fission Uranium Corp. is a Canada-based uranium company and the owner/developer of the high-grade, near-surface Triple R uranium deposit. The Company is the 100% owner of the Patterson Lake South uranium property. Its Patterson Lake South (PLS) project, which hosts the Triple R deposit, a large, high-grade and near-surface uranium deposit that occurs within a 3.18 kilometers (km) mineralized trend along the Patterson Lake Conductive Corridor. The property comprises over 17 contiguous claims totaling 31,039 hectares and is located geographically in the south-west margin of Saskatchewan’s Athabasca Basin. Additionally, the Company has the West Cluff property comprising three claims totaling approximately 11,148-hectares and the La Rocque property comprising two claims totaling over 959 hectares in the western Athabasca Basin region of northern Saskatchewan. The La Rocque property is prospective for high-grade uranium and is located five km south of Cameco’s La Rocque Uranium Zone.

TSX:FCU - Post by User

Fission Uranium Corp > Canaccord - BUY FCU $0.80 Target

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Post by Uraniumon Jun 10, 2021 11:50am

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Post# 33362683

Canaccord - BUY FCU $0.80 Target

Canaccord comments on Fission's News Release on their Feasibility Study.

"We maintain our SPEC BUY rating and C$0.80/sh target price on FCU
The company currently trades at 0.82x NAV, below its developer peers at 1.0x.
Although still far from production (CGe 2030), we remind investors that
Triple R is one of the best undeveloped uranium assets globally (high-grade, lowcost, safe jurisdiction).
Accordingly, Fission’s pounds provide strong leverage to rising
uranium prices, in our view (up 17% since 2021 March lows)".

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