GoviEx Uranium (CVE:GXU) Reaches New 52-Week Low at $0.09

GoviEx Uranium Inc. (CVE:GXU)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 1678417 shares. The stock had previously closed at C$0.09.

Wall Street Analysts Forecast Growth

Separately, Eight Capital cut their price target on GoviEx Uranium from C$0.70 to C$0.30 in a research note on Monday.

GoviEx Uranium Price Performance

The stock has a fifty day moving average of C$0.15 and a two-hundred day moving average of C$0.16. The stock has a market cap of C$73.14 million, a price-to-earnings ratio of -3.00 and a beta of 1.24. The company has a quick ratio of 0.62, a current ratio of 5.04 and a debt-to-equity ratio of 0.40.

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.