F3 Uranium (CVE:FUU) Reaches New 12-Month Low – Here’s What Happened

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

Analysts Set New Price Targets

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

F3 Uranium Stock Performance

The company’s 50-day moving average price is C$0.14 and its two-hundred day moving average price is C$0.16. The company has a market capitalization of C$69.50 million, a price-to-earnings ratio of -11.00 and a beta of 0.12. The company has a debt-to-equity ratio of 14.76, a current ratio of 6.01 and a quick ratio of 9.14.

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.