F3 Uranium (CVE:FUU) Stock Price Down 13.3% – Here’s What Happened

F3 Uranium Corp. (CVE:FUU) shares fell 13.3% during mid-day trading on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. 2,089,085 shares were traded during trading, an increase of 70% from the average daily volume of 1,230,657 shares. The stock had previously closed at C$0.15.

Wall Street Analyst Weigh In

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

F3 Uranium Stock Down 16.7%

The company has a debt-to-equity ratio of 14.76, a current ratio of 6.01 and a quick ratio of 9.14. The stock’s fifty day simple moving average is C$0.15 and its 200-day simple moving average is C$0.17. The stock has a market cap of C$78.98 million, a P/E ratio of -12.50 and a beta of 0.07.

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.