GoviEx Uranium (CVE:GXU) Stock Price Down 18.2% – Should You Sell?

GoviEx Uranium Inc. (CVE:GXU – Get Free Report) shares dropped 18.2% on Monday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 579,423 shares traded hands during trading, a decline of 48% from the average daily volume of 1,110,665 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Price Performance

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 has a market cap of C$40.63 million, a PE ratio of -0.36 and a beta of 1.50. The business’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07.

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.

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