GoviEx Uranium (CVE:GXU) Stock Price Up 13.3% – Time to Buy?

GoviEx Uranium Inc. (CVE:GXUGet Free Report)’s share price was up 13.3% during trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 1,364,825 shares traded hands during trading, a decline of 3% from the average daily volume of 1,412,398 shares. The stock had previously closed at C$0.08.

GoviEx Uranium Price Performance

The stock’s 50 day moving average is C$0.06 and its 200-day moving average is C$0.05. The company has a market cap of C$37.50 million, a PE ratio of -0.54 and a beta of 1.50.

About GoviEx Uranium

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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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