GoviEx Uranium (CVE:GXU) Price Target Cut to C$0.30

GoviEx Uranium (CVE:GXU) had its price target decreased by Eight Capital from C$0.70 to C$0.30 in a research note released on Monday, BayStreet.CA reports.

GoviEx Uranium Trading Down 14.3 %

CVE GXU opened at C$0.09 on Monday. The firm has a market cap of C$73.14 million, a P/E ratio of -3.00 and a beta of 1.24. The company has a debt-to-equity ratio of 0.40, a current ratio of 5.04 and a quick ratio of 0.62. The stock’s 50-day moving average is C$0.15 and its 200-day moving average is C$0.17. GoviEx Uranium has a one year low of C$0.09 and a one year high of C$0.22.

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.