GoviEx Uranium (CVE:GXU) Stock Price Up 14.3% – Here’s What Happened

Shares of GoviEx Uranium Inc. (CVE:GXU) traded up 14.3% during mid-day trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. 122,652 shares were traded during mid-day trading, a decline of 95% from the average session volume of 2,387,627 shares. The stock had previously closed at C$0.04.

GoviEx Uranium Stock Up 8.6 %

The company’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The company has a quick ratio of 0.62, a current ratio of 3.16 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of C$30.88 million, a PE ratio of -0.27 and a beta of 1.50.

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.