GoviEx Uranium (CVE:GXU) Trading 42.9% Higher – Time to Buy?

GoviEx Uranium Inc. (CVE:GXU)’s stock price traded up 42.9% during trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. 3,180,843 shares traded hands during mid-day trading, an increase of 112% from the average session volume of 1,499,850 shares. The stock had previously closed at C$0.07.

GoviEx Uranium Price Performance

The company has a market capitalization of C$50.00 million, a PE ratio of -0.72 and a beta of 1.50. The firm’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

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.