GoviEx Uranium (CVE:GXU) Reaches New 1-Year Low at $0.09

Shares of GoviEx Uranium Inc. (CVE:GXU) hit a new 52-week low on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 1678417 shares traded. The stock had previously closed at C$0.09.

Analyst Upgrades and Downgrades

Separately, Eight Capital cut their price objective on GoviEx Uranium from C$0.70 to C$0.30 in a research report on Monday, April 22nd.

GoviEx Uranium Stock Performance

The company has a market cap of C$73.14 million, a PE ratio of -3.00 and a beta of 1.24. The company has a current ratio of 5.04, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The stock has a 50 day moving average price of C$0.14 and a 200 day moving average price of C$0.16.

About GoviEx Uranium

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.