F3 Uranium (CVE:FUU) Shares Down 11.6% - Should You Sell?

Key Points

• F3 Uranium Corp. shares fell by 11.6% on Friday, trading as low as C$0.18 and closing at C$0.19.
• The stock saw a significant increase in trading volume, with 4,769,897 shares exchanged, marking a 486% rise from the average volume.
• F3 Uranium holds fully owned properties in Saskatchewan, covering over 100,000 hectares across multiple claims, including Clearwater West and Patterson Lake North.

F3 Uranium Corp. (CVE:FUU - Get Free Report)'s share price traded down 11.6% during trading on Friday . The stock traded as low as C$0.18 and last traded at C$0.19. 4,769,897 shares changed hands during mid-day trading, an increase of 486% from the average session volume of 814,508 shares. The stock had previously closed at C$0.22.

F3 Uranium Price Performance

The firm has a 50-day moving average price of C$0.23 and a 200 day moving average price of C$0.22. The company has a debt-to-equity ratio of 17.55, a current ratio of 19.24 and a quick ratio of 9.14. The company has a market cap of C$95.97 million, a price-to-earnings ratio of -4.63 and a beta of 3.87.

F3 Uranium Company Profile

F3 Uranium Corp. operates as a uranium project generator and exploration company. The company holds 100% interests in the Clearwater West property that comprises 3 contiguous claims covering 11,786 hectares located in Saskatchewan, Canada; the Patterson Lake North property that consists of 43 claims covering 39,946 hectares situated in Saskatchewan, Canada; the Wales Lake property that comprises 31 claims covering an area of 42,134 hectares located in southwest Athabasca basin; and the Key Lake area portfolio consisting of the Bird Lake, Grey Island, Hobo Lake, Lazy Edward Bay, and Seahorse Lake properties, which comprise 63 claims and 39,933 hectares located in Saskatchewan, Canada.