F3 Uranium (CVE:FUU) Shares Down 8.7% - Here's What Happened

Key Points

• F3 Uranium's stock price fell by 8.7%, trading at C$0.18, a significant decrease from the previous close of C$0.20.
• Trading volume surged to approximately 3.6 million shares, an increase of 269% compared to the average daily volume.
• The company has a market capitalization of C$92.34 million and a notably high debt-to-equity ratio of 17.55.

F3 Uranium Corp. (CVE:FUU - )'s stock price dropped 8.7% during mid-day trading on Thursday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 3,606,903 shares were traded during mid-day trading, an increase of 269% from the average daily volume of 976,335 shares. The stock had previously closed at C$0.20.

F3 Uranium Price Performance

The company has a market capitalization of C$92.34 million, a price-to-earnings ratio of -4.45 and a beta of 3.87. 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 business has a 50 day moving average price of C$0.22 and a 200-day moving average price of C$0.22.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.