GoviEx Uranium (CVE:GXU) Trading Up 16.7% – Should You Buy?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s stock price shot 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 were traded 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 Price Performance

The business has a 50 day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The firm has a market capitalization of C$56.89 million, a P/E ratio of -0.50 and a beta of 1.50. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 3.16.

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.

Further Reading

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.