GoviEx Uranium Inc. (CVE:GXU – Get Free Report)’s share price dropped 20% during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.08. Approximately 1,588,487 shares traded hands during trading, an increase of 6% from the average daily volume of 1,500,225 shares. The stock had previously closed at C$0.10.
GoviEx Uranium Stock Down 20.0%
The firm’s fifty day moving average price is C$0.05 and its 200 day moving average price is C$0.05. The stock has a market cap of C$40.00 million, a PE ratio of -0.58 and a beta of 1.50.
About GoviEx Uranium
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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