GoviEx Uranium Inc. (CVE:GXU – Get Free Report) shares dropped 18.2% during trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 832,532 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 1,111,887 shares. The stock had previously closed at C$0.06.
GoviEx Uranium Price Performance
The company’s 50-day moving average is C$0.07 and its 200-day moving average is C$0.07. The firm has a market capitalization 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 current ratio of 3.16 and a quick ratio of 0.62.
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.
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