F3 Uranium (CVE:FUU) Shares Down 11.6% - Here's What Happened

Key Points

• F3 Uranium Corp. saw its stock price drop 11.6% to C$0.19 during mid-day trading on Thursday, significantly lower than its previous close of C$0.22.
• Trading volume surged to 4,769,897 shares, marking an increase of 486% from the average session volume.
• The company holds 100% interests in several key uranium properties across Saskatchewan, contributing to its valuation of roughly C$98.56 million, with a notably high debt-to-equity ratio of 17.55.

F3 Uranium Corp. (CVE:FUU - Get Free Report) shares traded down 11.6% during trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. 4,769,897 shares traded hands during 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 Stock Performance

The firm has a fifty 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 quick ratio of 9.14 and a current ratio of 19.24. The stock has a market cap of C$93.38 million, a PE ratio of -4.50 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.