F3 Uranium (CVE:FUU) Shares Up 9.4% – Here’s Why

F3 Uranium Corp. (CVE:FUU)’s share price shot up 9.4% during trading on Wednesday . The stock traded as high as C$0.18 and last traded at C$0.18. 961,229 shares traded hands during trading, a decline of 39% from the average session volume of 1,580,675 shares. The stock had previously closed at C$0.16.

F3 Uranium Stock Performance

The stock has a market capitalization of C$104.25 million, a price-to-earnings ratio of -8.25 and a beta of 0.49. The firm has a fifty day moving average of C$0.18 and a 200 day moving average of C$0.17. The company has a debt-to-equity ratio of 14.35, a current ratio of 6.68 and a quick ratio of 9.14.

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.