Shares of GoviEx Uranium Inc. (CVE:GXU – Get Free Report) dropped 45.5% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 79,517,953 shares changed hands during trading, an increase of 4,017% from the average daily volume of 1,931,528 shares. The stock had previously closed at C$0.06.
GoviEx Uranium Stock Up 5.0%
The firm has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06. The stock has a market cap of C$42.93 million, a PE ratio of -4.20 and a beta of 2.65.
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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