GoviEx Uranium (CVE:GXU) PT Lowered to C$0.30 at Eight Capital

GoviEx Uranium (CVE:GXU) had its price objective cut by Eight Capital from C$0.70 to C$0.30 in a report published on Monday, BayStreet.CA reports.

GoviEx Uranium Stock Performance

CVE:GXU opened at C$0.09 on Monday. The stock has a fifty day moving average price of C$0.15 and a 200-day moving average price of C$0.17. The company has a market cap of C$73.14 million, a price-to-earnings ratio of -3.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 5.04. GoviEx Uranium has a fifty-two week low of C$0.09 and a fifty-two week high of C$0.22.

About GoviEx Uranium

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.