GoviEx Uranium (CVE:GXU) Reaches New 1-Year Low at $0.10

Shares of GoviEx Uranium Inc. (CVE:GXU) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.11, with a volume of 7361759 shares traded. The stock had previously closed at C$0.12.

Wall Street Analyst Weigh In

Separately, Eight Capital set a C$0.70 target price on GoviEx Uranium and gave the stock a “buy” rating in a research note on Thursday, February 29th.

GoviEx Uranium Trading Down 13.9 %

The company has a current ratio of 5.04, a quick ratio of 0.62 and a debt-to-equity ratio of 0.40. The company has a market cap of C$85.33 million, a PE ratio of -4.10 and a beta of 1.24. The company has a fifty day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.17.

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.