GoviEx Uranium (CVE:GXU) Trading 16.7% Higher – Time to Buy?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s stock price traded up 16.7% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. 942,213 shares changed hands during trading, an increase of 1% from the average session volume of 933,853 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Stock Performance

The company has a quick ratio of 0.62, a current ratio of 3.16 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The stock has a market cap of C$40.63 million, a P/E ratio of -0.36 and a beta of 1.50.

GoviEx Uranium Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for GoviEx Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoviEx Uranium and related companies with MarketBeat.com's FREE daily email newsletter.