GoviEx Uranium (CVE:GXU) Trading 16.7% Higher – What’s Next?

GoviEx Uranium Inc. (CVE:GXU)’s stock price rose 16.7% during mid-day trading on Monday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 942,213 shares were traded during mid-day trading, an increase of 1% from the average daily volume of 933,853 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Trading Down 16.7 %

The stock has a market cap of C$40.63 million, a PE ratio of -0.36 and a beta of 1.50. 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 stock has a fifty day moving average price of C$0.06 and a 200 day moving average price of C$0.06.

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.