Fission Uranium Corp (FCUUF) PT Raised to $2 at H.C. Wainwright

H.C. Wainwright analyst Heiko F. Ihle raised the price target on Fission Uranium Corp (OTC: FCUUF) to $2.00 (from $1.90) while maintaining a Buy rating.

The analyst commented: "On November 19, Fission Uranium Corp announced that it received a notice from the Minister of Innovation, Science and Industry that further extended the national security review period of Fission's acquisition by Paladin Energy Limited under the Investment Canada Act (ICA) until December 30, 2024. In addition, the company remains in discussions with the ministry concerning its Section 25.3 review under the ICA. We plan to closely monitor the progress of discussions between Fission and the ministry, as there is no guarantee that ICA approval can be secured, and the agreement cannot proceed without this clearance. Reiterate Buy rating and increase PT to $2.00 from $1.90."

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