GoviEx Uranium (CVE:GXU) Hits New 1-Year Low at $0.05

GoviEx Uranium Inc. (CVE:GXU)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 209580 shares traded. The stock had previously closed at C$0.06.

Wall Street Analysts Forecast Growth

Separately, Eight Capital decreased their price target on shares of GoviEx Uranium from C$0.70 to C$0.30 in a research note on Monday, April 22nd.

GoviEx Uranium Stock Down 18.2 %

The company has a quick ratio of 0.62, a current ratio of 9.56 and a debt-to-equity ratio of 0.40. The business’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.12. The firm has a market capitalization of C$36.57 million, a PE ratio of -1.83 and a beta of 1.24.

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.