F3 Uranium (CVE:FUU) Stock Price Down 5.9% – What’s Next?

F3 Uranium Corp. (CVE:FUU)’s share price was down 5.9% on Friday . The stock traded as low as C$0.15 and last traded at C$0.16. Approximately 464,015 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 1,198,241 shares. The stock had previously closed at C$0.17.

Analysts Set New Price Targets

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 investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$0.44.

F3 Uranium Stock Down 5.9%

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 company has a 50 day simple moving average of C$0.14 and a two-hundred day simple moving average of C$0.17. The firm has a market capitalization of C$101.10 million, a P/E ratio of -16.00 and a beta of 0.02.

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.