F3 Uranium (CVE:FUU) Shares Up 3.7% – Here’s Why

F3 Uranium Corp. (CVE:FUU) shares traded up 3.7% during mid-day trading on Wednesday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 230,602 shares traded hands during trading, a decline of 83% from the average session volume of 1,332,492 shares. The stock had previously closed at C$0.14.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$0.44 target price on F3 Uranium and gave the stock a “buy” rating in a research report on Tuesday, June 16th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of C$0.44.

F3 Uranium Stock Performance

The firm has a market cap of C$91.62 million, a price-to-earnings ratio of -14.50 and a beta of 0.07. The firm’s 50 day moving average is C$0.16 and its 200-day moving average is C$0.18. The company has a debt-to-equity ratio of 14.76, a quick ratio of 9.14 and a current ratio of 6.01.

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.