GoviEx Uranium (CVE:GXU) Stock Price Up 25% – What’s Next?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s share price was up 25% during mid-day trading on Wednesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 4,102,815 shares changed hands during trading, an increase of 75% from the average daily volume of 2,342,564 shares. The stock had previously closed at C$0.04.

GoviEx Uranium Stock Up 25.0 %

The business has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.06. The company has a market capitalization of C$25.00 million, a price-to-earnings ratio of -0.36 and a beta of 1.50.

About GoviEx Uranium

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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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