F3 Uranium (CVE:FUU) Trading Down 11.6% - Time to Sell?

Key Points

• F3 Uranium Corp. shares fell 11.6% to C$0.19 during mid-day trading on Friday, marking a significant drop since the stock closed at C$0.22.
• The company experienced a remarkable increase in trading volume, with 4.77 million shares changing hands, up 486% from its average session volume.
• F3 Uranium has a debt-to-equity ratio of 17.55 and a market capitalization of C$98.56 million, indicating potential financial instability.

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

F3 Uranium Price Performance

The company's 50 day moving average price is C$0.23 and its two-hundred day moving average price is C$0.22. The company has a quick ratio of 9.14, a current ratio of 19.24 and a debt-to-equity ratio of 17.55. The stock has a market cap of C$95.97 million, a P/E ratio of -4.63 and a beta of 3.87.

About F3 Uranium

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.