GoviEx Uranium (CVE:GXU) Reaches New 52-Week Low – Should You Sell?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 1037995 shares trading hands. The stock had previously closed at C$0.05.

GoviEx Uranium Stock Performance

The company’s 50-day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a market capitalization of C$36.57 million, a price-to-earnings ratio of -0.32 and a beta of 1.50. The company has a debt-to-equity ratio of 0.40, a current ratio of 3.16 and a quick ratio of 0.62.

About GoviEx Uranium

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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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