Fission Uranium Corp.’s (TSE:FCU) Shift From Loss To Profit

Fission Uranium Corp. ( TSE:FCU ) is possibly approaching a major achievement in its business, so we would like to shine some light on the company. Fission Uranium Corp. engages in the acquisition, exploration, and development of uranium resource properties in Canada. On 31 December 2023, the CA$868m market-cap company posted a loss of CA$8.9m for its most recent financial year. As path to profitability is the topic on Fission Uranium’s investors mind, we’ve decided to gauge market sentiment. We’ve put together a brief outline of industry analyst expectations for the company, its year of breakeven and its implied growth rate.

According to the 4 industry analysts covering Fission Uranium, the consensus is that breakeven is near. They expect the company to post a final loss in 2025, before turning a profit of CA$5.3m in 2026. Therefore, the company is expected to breakeven roughly 2 years from today. How fast […]

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