F3 Uranium (CVE:FUU) Hits New 12-Month Low – What’s Next?

F3 Uranium Corp. (CVE:FUU)’s stock price hit a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$0.10 and last traded at C$0.11, with a volume of 346,141 shares changing hands. The stock had previously closed at C$0.11.

Analyst Upgrades and Downgrades

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

F3 Uranium Trading Down 4.5%

The stock has a market cap of C$66.34 million, a price-to-earnings ratio of -10.50 and a beta of 0.62. 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’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.15.

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.