GoviEx Uranium (CVE:GXU) Stock Price Up 13.3% – Here’s What Happened

GoviEx Uranium Inc. (CVE:GXU) shares shot up 13.3% on Monday . The stock traded as high as C$0.10 and last traded at C$0.09. 1,364,825 shares were traded during mid-day trading, a decline of 4% from the average session volume of 1,416,498 shares. The stock had previously closed at C$0.08.

GoviEx Uranium Trading Up 6.7%

The company’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The firm has a market cap of C$40.00 million, a PE ratio of -0.58 and a beta of 1.50.

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.