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

Key Points

• F3 Uranium Corp.'s stock price fell by 14%, trading as low as C$0.18 on Thursday, marking a significant drop from its previous close of C$0.22.
• Trading volume surged to approximately 3,078,800 shares, which is an increase of 284% from the average daily volume.
• The company has a market capitalization of C$94.41 million and operates multiple uranium properties across Saskatchewan, Canada.

F3 Uranium Corp. (CVE:FUU - Get Free Report)'s share 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 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 Price Performance

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 business's 50-day moving average price is C$0.23 and its two-hundred day moving average price is C$0.22. The firm has a market cap of C$95.97 million, a price-to-earnings ratio of -4.63 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.