F3 Uranium (CVE:FUU) Trading Down 11.6% - Here's Why

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) shares fell 11.6% during trading on Friday . The stock traded as low as C$0.18 and last traded at C$0.19. 4,769,897 shares changed 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 firm 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 debt-to-equity ratio of 17.55, a current ratio of 19.24 and a quick ratio of 9.14. The firm's fifty day moving average is C$0.23 and its 200 day 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.