F3 Uranium (CVE:FUU) Shares Down 12.6% - Here's What Happened

Key Points

• F3 Uranium Corp. shares declined by 12.6% on Thursday, closing at C$0.19 after reaching a low of C$0.18 during trading.
• The company has a high current ratio of 19.24 and a significant debt-to-equity ratio of 17.55, indicating strong liquidity but potentially high leverage.
• F3 Uranium's market capitalization stands at approximately C$98.56 million, with a price-to-earnings (PE) ratio of -4.75, reflecting a loss in profits.

F3 Uranium Corp. (CVE:FUU - Get Free Report) traded down 12.6% during mid-day trading on Thursday . The stock traded as low as C$0.18 and last traded at C$0.19. 3,700,583 shares changed hands during trading, an increase of 358% from the average session volume of 807,189 shares. The stock had previously closed at C$0.22.

F3 Uranium Price Performance

The firm has a market capitalization of C$95.97 million, a P/E ratio of -4.63 and a beta of 3.87. The business has a fifty day moving average of C$0.23 and a 200-day moving average of C$0.22. The company has a debt-to-equity ratio of 17.55, a quick ratio of 9.14 and a current ratio of 19.24.

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.