F3 Uranium (CVE:FUU) Stock Price Down 5.9% – Here’s Why

F3 Uranium Corp. (CVE:FUU) shares dropped 5.9% during trading on Friday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 464,015 shares changed hands during trading, a decline of 61% from the average daily volume of 1,198,241 shares. The stock had previously closed at C$0.17.

Analyst Ratings Changes

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

F3 Uranium Price Performance

The company has a current ratio of 6.01, a quick ratio of 9.14 and a debt-to-equity ratio of 14.76. The business’s 50 day moving average price is C$0.14 and its two-hundred day moving average price is C$0.17. The stock has a market cap of C$101.10 million, a P/E ratio of -16.00 and a beta of 0.02.

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.