GoviEx Uranium (CVE:GXU) Stock Price Up 10% – Here’s What Happened

Shares of GoviEx Uranium Inc. (CVE:GXUGet Free Report) rose 10% during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 1,367,684 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 1,566,785 shares. The stock had previously closed at C$0.05.

GoviEx Uranium Stock Up 10.0%

The company has a market cap of C$56.21 million, a PE ratio of -5.50 and a beta of 2.65. The company’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.06.

About GoviEx Uranium

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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.

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