GoviEx Uranium (CVE:GXU) Trading Up 8.6% – What’s Next?

GoviEx Uranium Inc. (CVE:GXUGet Free Report) shares were up 8.6% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 106,652 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 2,387,194 shares. The stock had previously closed at C$0.04.

GoviEx Uranium Stock Performance

The stock has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$30.88 million, a P/E ratio of -0.27 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.

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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