F3 Uranium (CVE:FUU) Trading 15.8% Higher – Here’s Why

F3 Uranium Corp. (CVE:FUU)’s stock price shot up 15.8% during mid-day trading on Monday . The stock traded as high as C$0.22 and last traded at C$0.22. 13,103,027 shares traded hands during mid-day trading, an increase of 1,255% from the average session volume of 966,946 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

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

F3 Uranium Stock Up 15.8 %

The firm’s 50 day moving average is C$0.22 and its 200-day moving average is C$0.24. The firm has a market cap of C$117.43 million, a PE ratio of -4.26 and a beta of 2.37. The company has a quick ratio of 9.14, a current ratio of 19.24 and a debt-to-equity ratio of 17.55.

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.