GoviEx Uranium (CVE:GXU) Stock Price Down 20% – What’s Next?

Shares of GoviEx Uranium Inc. (CVE:GXUGet Free Report) were down 20% during trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.06. Approximately 3,062,067 shares were traded during trading, an increase of 116% from the average daily volume of 1,416,166 shares. The stock had previously closed at C$0.08.

GoviEx Uranium Stock Down 20.0%

The company has a market cap of C$30.00 million, a P/E ratio of -0.43 and a beta of 1.50. The stock’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.05.

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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