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

GoviEx Uranium Inc. (CVE:GXUGet Free Report) shares were down 14.3% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 906,311 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 1,096,871 shares. The stock had previously closed at C$0.07.

GoviEx Uranium Stock Performance

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 company has a quick ratio of 0.62, a current ratio of 3.16 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of C$48.76 million, a price-to-earnings ratio of -0.43 and a beta of 1.50.

About GoviEx Uranium

(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.

Featured Articles

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.