F3 Uranium (CVE:FUU) Stock Price Down 14% - Should You Sell?

Key Points

• F3 Uranium Corp. shares declined by 14%, closing at C$0.19 after reaching a low of C$0.18 during trading.
• Trading volume surged by 284% from the average, with over 3 million shares changing hands.
• The company has a market cap of C$98.56 million and a notably high debt-to-equity ratio of 17.55.

F3 Uranium Corp. (CVE:FUU - Get Free Report) shares traded down 14% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. 3,078,800 shares traded hands during mid-day trading, an increase of 284% from the average session volume of 802,279 shares. The stock had previously closed at C$0.22.

F3 Uranium Price Performance

The stock's 50-day simple moving average is C$0.23 and its 200 day simple moving average 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 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.