GoviEx Uranium (CVE:GXU) Trading 33.3% Higher – Here’s What Happened

GoviEx Uranium Inc. (CVE:GXU) shares traded up 33.3% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 391,321 shares changed hands during trading, a decline of 29% from the average session volume of 550,775 shares. The stock had previously closed at C$0.05.

GoviEx Uranium Stock Up 22.2 %

The company has a debt-to-equity ratio of 0.40, a current ratio of 3.16 and a quick ratio of 0.62. The company has a market capitalization of C$44.70 million, a price-to-earnings ratio of -0.39 and a beta of 1.50. The firm’s 50-day simple moving average is C$0.06 and its two-hundred day simple moving average is C$0.07.

GoviEx Uranium Company Profile

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.