GoviEx Uranium (CVE:GXU) Stock Price Down 23.1% – Time to Sell?

GoviEx Uranium Inc. (CVE:GXUGet Free Report) shares dropped 23.1% on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 1,116,842 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,677,965 shares. The stock had previously closed at C$0.07.

GoviEx Uranium Trading Down 15.4 %

The company has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. The firm has a market capitalization of C$27.50 million, a PE ratio of -0.40 and a beta of 1.50.

GoviEx Uranium Company Profile

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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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