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GoviEx Uranium (CVE:GXU) Shares Up 24% - Here's What Happened

GoviEx Uranium logo with Energy background

Key Points

  • GoviEx Uranium (CVE:GXU) shares increased by 24% during trading, reaching a high of C$0.06.
  • Trading volume surged to over 2 million shares, an increase of 79% compared to the average session volume.
  • GoviEx primarily focuses on uranium properties in Africa, with significant assets including projects in Niger, Zambia, and Mali.
  • MarketBeat previews the top five stocks to own by November 1st.

GoviEx Uranium Inc. (CVE:GXU - Get Free Report) shares traded up 24% on Friday . The company traded as high as C$0.06 and last traded at C$0.06. 2,085,309 shares were traded during trading, an increase of 79% from the average session volume of 1,162,478 shares. The stock had previously closed at C$0.05.

GoviEx Uranium Trading Up 16.7%

The business's 50 day moving average is C$0.05 and its two-hundred day moving average is C$0.06. The company has a market cap of C$71.54 million, a PE ratio of -7.00 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.

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