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

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 - ) traded down 11.6% during mid-day trading on Friday . The company traded as low as C$0.18 and last traded at C$0.19. 4,769,897 shares traded 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 Stock Down 11.6%

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 stock has a market cap of C$98.56 million, a PE ratio of -4.75 and a beta of 3.87. The business has a fifty day moving average of C$0.23 and a 200-day moving average of C$0.22.

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.

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