GoviEx Uranium Inc. (CVE:GXU – Get Free Report) shares dropped 15.4% during mid-day trading on Monday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 1,082,842 shares changed hands during trading, a decline of 35% from the average daily volume of 1,677,386 shares. The stock had previously closed at C$0.07.
GoviEx Uranium Stock Performance
The firm’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06. The firm has a market capitalization of C$25.00 million, a price-to-earnings ratio of -0.36 and a beta of 1.50.
GoviEx Uranium Company Profile
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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