F3 Uranium (CVE:FUU) Stock Price Down 11.6% - Here's What Happened

Key Points

• F3 Uranium Corp.'s stock price fell by 11.6%, closing at C$0.19 after trading as low as C$0.18, with a notable increase in trading volume of 486% compared to the average.
• The company has a market capitalization of C$98.56 million, a PE ratio of -4.75, and a debt-to-equity ratio of 17.55, indicating a high level of debt relative to equity.
• F3 Uranium operates multiple uranium properties in Saskatchewan, Canada, including the Clearwater West and Patterson Lake North properties, among others.

F3 Uranium Corp. (CVE:FUU - Get Free Report) shares were down 11.6% during trading on Thursday . The company traded as low as C$0.18 and last traded at C$0.19. Approximately 4,769,897 shares were traded during trading, an increase of 486% from the average daily volume of 814,508 shares. The stock had previously closed at C$0.22.

F3 Uranium Stock Down 5.3%

The business's fifty day simple moving average is C$0.23 and its 200 day simple moving average is C$0.22. The company has a current ratio of 19.24, a quick ratio of 9.14 and a debt-to-equity ratio of 17.55. The stock has a market cap of C$93.38 million, a price-to-earnings ratio of -4.50 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.