F3 Uranium (CVE:FUU) Shares Down 14% - Here's Why

Key Points

• F3 Uranium Corp. shares fell by 14% to C$0.19, significantly increasing trading volume to approximately 3.08 million shares.
• The company has a market cap of C$98.56 million with a P/E ratio of -4.75 and a beta of 3.87, indicating high volatility.
• F3 Uranium is involved in uranium exploration, owning several extensive properties in Saskatchewan, Canada, covering tens of thousands of hectares.

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

F3 Uranium Stock Performance

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

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.