F3 Uranium (CVE:FUU) Sets New 52-Week Low – Here’s Why

F3 Uranium Corp. (CVE:FUU) hit a new 52-week low on Wednesday. The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 1865135 shares traded. The stock had previously closed at C$0.12.

Wall Street Analyst Weigh In

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

F3 Uranium Stock Down 8.3%

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 company has a market cap of C$69.50 million, a price-to-earnings ratio of -11.00 and a beta of 0.12. The firm’s 50 day simple moving average is C$0.14 and its 200-day simple moving average is C$0.16.

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.