GoviEx Uranium (CVE:GXU) Hits New 52-Week Low at $0.05

GoviEx Uranium Inc. (CVE:GXU) shares hit 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 172387 shares traded. The stock had previously closed at C$0.05.

Analyst Ratings Changes

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

GoviEx Uranium Stock Up 6.7 %

The company has a current ratio of 5.93, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The business’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.12. The company has a market capitalization of C$39.01 million, a PE ratio of -2.25 and a beta of 1.13.

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.