GoviEx Uranium (CVE:GXU) Shares Up 10% – Still a Buy?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s stock price shot up 10% during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 1,367,684 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 1,566,785 shares. The stock had previously closed at C$0.05.

GoviEx Uranium Price Performance

The business has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06. The stock has a market capitalization of C$56.21 million, a price-to-earnings ratio of -5.50 and a beta of 2.65.

GoviEx Uranium Company Profile

(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.

Featured Articles

Receive News & Ratings for GoviEx Uranium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoviEx Uranium and related companies with MarketBeat.com's FREE daily email newsletter.