F3 Uranium (CVE:FUU) Trading Down 5.8% – Here’s Why

F3 Uranium Corp. (CVE:FUU) traded down 5.8% during trading on Friday . The stock traded as low as C$0.25 and last traded at C$0.25. 449,299 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 663,739 shares. The stock had previously closed at C$0.26.

Wall Street Analysts Forecast Growth

Separately, Haywood Securities set a C$0.55 target price on shares of F3 Uranium and gave the company a “buy” rating in a research report on Friday, January 17th.

F3 Uranium Price Performance

The company has a 50-day moving average price of C$0.25 and a 200-day moving average price of C$0.26. The firm has a market capitalization of C$120.44 million, a P/E ratio of -4.90 and a beta of 2.37. The company has a debt-to-equity ratio of 16.23, a quick ratio of 9.14 and a current ratio of 8.13.

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.