F3 Uranium (CVE:FUU) Trading Down 8.8% – Here’s Why

F3 Uranium Corp. (CVE:FUU)’s stock price dropped 8.8% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.16. Approximately 2,481,442 shares changed hands during mid-day trading, an increase of 91% from the average daily volume of 1,299,484 shares. The stock had previously closed at C$0.17.

F3 Uranium Trading Down 8.8%

The company has a quick ratio of 9.14, a current ratio of 19.24 and a debt-to-equity ratio of 17.55. The firm has a market capitalization of C$96.79 million, a P/E ratio of -6.74 and a beta of 0.98. The firm’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.19.

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.