GoviEx Uranium (CVE:GXU) Stock Price Down 14.3% – What’s Next?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s share price traded down 14.3% during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. 906,311 shares traded hands during trading, a decline of 17% from the average session volume of 1,096,621 shares. The stock had previously closed at C$0.07.

GoviEx Uranium Trading Down 14.3 %

The company has a current ratio of 3.16, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The firm has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The firm has a market capitalization of C$48.76 million, a P/E ratio of -0.43 and a beta of 1.50.

About GoviEx Uranium

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GoviEx Uranium Inc, a mineral resources company, engages in the acquisition, exploration, and development of uranium properties in Africa. The company's principal asset is the Madaouela project which holds 80% interest located in north-central Niger. It also owns 100% interest in the Muntanga project that consists of 3 mining licenses situated to the south of Lusaka, Zambia; and the Falea project, which consists of three exploration licenses located in Mali.

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