F3 Uranium (CVE:FUU) Stock Price Down 15.3% - Here's Why

Key Points

• F3 Uranium Corp.'s stock price fell by 15.3% on Thursday, trading at C$0.18 after previously closing at C$0.22.
• The company experienced a significant trading volume increase with approximately 4.6 million shares exchanged, up 471% from the average daily volume.
• F3 Uranium holds 100% interests in multiple uranium properties located in Saskatchewan, Canada, positioning itself as a uranium project generator and exploration company.

F3 Uranium Corp. (CVE:FUU - Get Free Report)'s share price 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 4,638,497 shares traded hands during trading, an increase of 471% from the average daily volume of 812,983 shares. The stock had previously closed at C$0.22.

F3 Uranium Price Performance

The stock 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 business's 50 day simple moving average is C$0.23 and its 200-day simple moving average is 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.