GoviEx Uranium (CVE:GXU) Shares Down 9.1% – Here’s What Happened

GoviEx Uranium Inc. (CVE:GXUGet Free Report) shares fell 9.1% during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05. 647,182 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 1,111,131 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Price Performance

The firm has a 50-day moving average price of C$0.07 and a two-hundred day moving average price of C$0.07. The firm has a market cap 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 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.

Read More

Receive News & Ratings for GoviEx Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoviEx Uranium and related companies with MarketBeat.com's FREE daily email newsletter.