GoviEx Uranium Inc. (CVE:GXU – Get Free Report) shares dropped 14.3% during mid-day trading on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.06. Approximately 906,311 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 1,096,871 shares. The stock had previously closed at C$0.07.
GoviEx Uranium Stock Performance
The firm’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.06. The stock has a market capitalization of C$44.70 million, a price-to-earnings ratio of -0.39 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.
About GoviEx Uranium
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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