UEX (TSE:UEX) Shares Up 16.5%

UEX Co. (TSE:UEXGet Free Report)’s stock price rose 16.5% on Monday . The company traded as high as C$0.50 and last traded at C$0.50. Approximately 9,418,620 shares traded hands during mid-day trading, an increase of 373% from the average daily volume of 1,990,793 shares. The stock had previously closed at C$0.43.

UEX Stock Performance

The firm has a market capitalization of C$275.50 million and a PE ratio of -35.36. The firm has a 50-day moving average price of C$0.50. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.57 and a quick ratio of 3.51.

UEX Company Profile

(Get Free Report)

UEX Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. It holds uranium, cobalt, and nickel exploration projects located in the Athabasca Basin of northern Saskatchewan. The company's flagship property is the West Bear project measuring approximately 7,983 hectares comprising 24 contiguous areas located in the Wollaston Lake area of northern Saskatchewan.

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