F3 Uranium (CVE:FUU) Shares Down 14% - What's Next?

Key Points

• F3 Uranium Corp. (CVE:FUU) shares fell by 14%, trading as low as C$0.18 before recovering slightly to C$0.19.
• Despite the decline, trading volume surged, with approximately 4 million shares changing hands, marking a 401% increase from the average.
• The company has a market cap of C$98.56 million and operates multiple uranium properties across Saskatchewan, Canada.

F3 Uranium Corp. (CVE:FUU - ) was down 14% on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. Approximately 4,057,438 shares were traded during mid-day trading, an increase of 401% from the average daily volume of 809,176 shares. The stock had previously closed at C$0.22.

F3 Uranium Price Performance

The company has a 50-day moving average price of C$0.23 and a two-hundred day moving average price of C$0.22. 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 company has a market cap of C$98.56 million, a PE ratio of -4.75 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.

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