F3 Uranium (CVE:FUU) Trading Down 14% - Here's What Happened

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 - Get Free Report)'s share price fell 14% during trading on Thursday . The company traded as low as C$0.18 and last traded at C$0.19. 4,057,438 shares traded hands during trading, an increase of 401% from the average session volume of 809,176 shares. The stock had previously closed at C$0.22.

F3 Uranium Stock Performance

The firm has a market capitalization of C$95.97 million, a price-to-earnings 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. The stock has a 50-day moving average price of C$0.23 and a 200 day moving average price 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.