GoviEx Uranium (CVE:GXU) Stock Price Down 21.7% – What’s Next?

GoviEx Uranium Inc. (CVE:GXUGet Free Report) was down 21.7% during trading on Thursday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 4,188,263 shares changed hands during trading, an increase of 163% from the average daily volume of 1,594,844 shares. The stock had previously closed at C$0.12.

GoviEx Uranium Stock Performance

The stock has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$91.99 million, a P/E ratio of -9.00 and a beta of 1.82.

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.

Further Reading

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