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

Key Points

• F3 Uranium Corp. experienced an 11.6% drop in stock price, trading as low as C$0.18 during mid-day trading.
• The company has a market cap of C$98.56 million and a significantly high beta of 3.87, indicating increased volatility.
• F3 Uranium holds interests in various properties located in Saskatchewan, including Clearwater West and Patterson Lake North, amounting to over 100,000 hectares in total.

F3 Uranium Corp. (CVE:FUU - Get Free Report) shares dropped 11.6% during trading on Friday . The company traded as low as C$0.18 and last traded at C$0.19. Approximately 4,769,897 shares changed hands during mid-day 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 Performance

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's 50-day moving average is C$0.23 and its 200 day moving average is C$0.22. The firm has a market cap of C$95.97 million, a P/E 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.