GoviEx Uranium (CVE:GXU) Hits New 52-Week Low at $0.05

GoviEx Uranium Inc. (CVE:GXU)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 1197699 shares traded. The stock had previously closed at C$0.05.

Wall Street Analysts Forecast Growth

Separately, Eight Capital lowered their price target on GoviEx Uranium from C$0.70 to C$0.30 in a report on Monday, April 22nd.

GoviEx Uranium Trading Down 10.0 %

The stock has a market cap of C$36.57 million, a P/E ratio of -2.75 and a beta of 1.13. The stock’s 50-day moving average is C$0.07 and its two-hundred day moving average is C$0.11. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.93 and a quick ratio of 0.62.

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.