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

GoviEx Uranium Inc. (CVE:GXU)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 1197699 shares traded. The stock had previously closed at C$0.05.

Analyst Upgrades and Downgrades

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

GoviEx Uranium Price Performance

The company has a market cap of C$36.57 million, a price-to-earnings ratio of -2.75 and a beta of 1.13. The company has a fifty day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.11. The company has a quick ratio of 0.62, a current ratio of 5.93 and a debt-to-equity ratio of 0.40.

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.