GoviEx Uranium (CVE:GXU) Trading Down 21.4% – Should You Sell?

by · The Markets Daily

GoviEx Uranium Inc. (CVE:GXU – Get Free Report)’s stock price dropped 21.4% during trading on Tuesday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 843,311 shares changed hands during trading, a decline of 22% from the average daily volume of 1,080,871 shares. The stock had previously closed at C$0.07.

GoviEx Uranium Trading Up 10.0 %

The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.62 and a current ratio of 3.16. The firm has a market capitalization of C$44.70 million, a P/E ratio of -0.39 and a beta of 1.50. The firm has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06.

GoviEx Uranium Company Profile

(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.

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