Shares of GoviEx Uranium Inc. (CVE:GXU – Get Free Report) rose 25% on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 4,102,815 shares traded hands during mid-day trading, an increase of 75% from the average daily volume of 2,342,564 shares. The stock had previously closed at C$0.04.
GoviEx Uranium Price Performance
The firm has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.06. The firm has a market cap of C$22.50 million, a price-to-earnings ratio of -0.33 and a beta of 1.50.
GoviEx Uranium Company Profile
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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