GoviEx Uranium (CVE:GXU) Trading Down 12.7% – Here’s What Happened

by · The Markets Daily

Shares of GoviEx Uranium Inc. (CVE:GXU – Get Free Report) fell 12.7% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. 1,021,500 shares were traded during trading, an increase of 30% from the average session volume of 785,695 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Stock Down 12.7 %

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 firm’s 50-day moving average is C$0.06 and its 200 day moving average is C$0.06. The stock has a market cap of C$39.01 million, a price-to-earnings ratio of -0.34 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.

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