URM.CN First American Uranium CNQ slides to C$1.32 on 20 Mar 2026: oversold bounce watch

The URM.CN stock dropped to C$1.32 in market hours on 20 Mar 2026 after a -10.20% intraday move, signaling a short-term oversold setup. Volume rose to 54,351 shares versus an average of 39,870, giving the decline conviction and creating a potential bounce opportunity for tactical traders. First American Uranium, Inc. (URM.CN) trades on the CNQ in Canada and shows stretched short-term momentum despite large YTD moves. We examine technical triggers, fundamentals like EPS -0.17 and PE -7.76, and model forecasts to frame a measured oversold-bounce approach.