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GoviEx Uranium (CVE:GXU) Trading 16.7% Higher - Time to Buy?

GoviEx Uranium logo with Energy background

GoviEx Uranium Inc. (CVE:GXU - Get Free Report)'s share price rose 16.7% during mid-day trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 932,276 shares changed hands during trading, an increase of 0% from the average daily volume of 930,696 shares. The stock had previously closed at C$0.06.

GoviEx Uranium Stock Performance

The company has a quick ratio of 0.62, a current ratio of 3.16 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of C$56.89 million, a P/E ratio of -0.50 and a beta of 1.50. The company's 50 day moving average is C$0.06 and its 200-day moving average is C$0.07.

About GoviEx Uranium

(Get Free Report)

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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