F3 Uranium (CVE:FUU) Shares Down 11.6% - Time to Sell?

Key Points

• F3 Uranium Corp. (CVE:FUU) saw its shares drop 11.6% during mid-day trading, reaching a low of C$0.18 before closing at C$0.19.
• The trading volume increased significantly, with approximately 4.77 million shares traded, a rise of 486% from its average daily volume.
• The company's market cap stands at C$98.56 million and holds multiple properties in Saskatchewan, totaling over 100,000 hectares for uranium exploration.

F3 Uranium Corp. (CVE:FUU - Get Free Report)'s share price traded down 11.6% during mid-day trading on Friday . The stock traded as low as C$0.18 and last traded at C$0.19. 4,769,897 shares traded hands during mid-day trading, an increase of 486% from the average session volume of 814,508 shares. The stock had previously closed at C$0.22.

F3 Uranium Stock Performance

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 company has a market cap of C$93.38 million, a P/E ratio of -4.50 and a beta of 3.87. The business's 50 day simple moving average is C$0.23 and its 200 day simple moving average is C$0.22.

F3 Uranium Company Profile

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.