Free Trial

GoviEx Uranium (CVE:GXU) Shares Up 27.8% - Should You Buy?

GoviEx Uranium logo with Energy background

Key Points

  • GoviEx Uranium Inc. experienced a significant share price increase of 27.8%, reaching C$0.12 during trading on Wednesday.
  • Trading volume soared to 67,820,589 shares, marking an astounding increase of 4,190% compared to the average session volume.
  • The company, which focuses on uranium properties in Africa, has a market cap of C$117.54 million and a PE ratio of -11.50.
  • MarketBeat previews the top five stocks to own by November 1st.

GoviEx Uranium Inc. (CVE:GXU - Get Free Report)'s share price shot up 27.8% during trading on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. 67,820,589 shares changed hands during trading, an increase of 4,190% from the average session volume of 1,581,049 shares. The stock had previously closed at C$0.09.

GoviEx Uranium Price Performance

The company has a 50 day moving average price of C$0.06 and a 200 day moving average price of C$0.06. The firm has a market cap of C$117.54 million, a PE ratio of -11.50 and a beta of 1.82.

GoviEx Uranium Company Profile

(Get Free Report)

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.

Featured Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in GoviEx Uranium Right Now?

Before you consider GoviEx Uranium, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GoviEx Uranium wasn't on the list.

While GoviEx Uranium currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.