F3 Uranium (CVE:FUU) Shares Down 15.3% - Here's What Happened

Key Points

• F3 Uranium Corp. shares fell by 15.3%, trading as low as C$0.18 on Thursday, with a significant increase in trading volume of 441% compared to the daily average.
• The company's financial indicators include a debt-to-equity ratio of 17.55 and a negative P/E ratio of -4.75, suggesting concerns about profitability.
• F3 Uranium holds 100% interests in several large uranium properties located in Saskatchewan, Canada, covering a total area of over 100,000 hectares.

F3 Uranium Corp. (CVE:FUU - ) was down 15.3% during mid-day trading on Thursday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 4,383,997 shares traded hands during trading, an increase of 441% from the average daily volume of 810,894 shares. The stock had previously closed at C$0.22.

F3 Uranium Trading Down 11.6%

The business has a 50 day simple moving average of C$0.23 and a 200-day simple moving average of C$0.22. The company has a debt-to-equity ratio of 17.55, a quick ratio of 9.14 and a current ratio of 19.24. The stock has a market capitalization of C$98.56 million, a P/E 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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