MarketBeat — October 1, 2025
GoviEx Uranium Inc. saw its stock plunge 21.7% on Wednesday, closing at C$0.09. The drop came after the share price reached an intraday low of C$0.09 from a prior close of C$0.12.
Trading activity surged as approximately 4,188,263 shares changed hands, about 163% higher than the company’s average daily volume of 1,594,844 shares. The unusually high turnover accompanied the steep price decline.
From a technical perspective, GoviEx’s 50-day and 200-day simple moving averages both sit at C$0.06. The company carries a market capitalization of roughly C$91.99 million, a trailing P/E of -9.00, and a beta of 1.82.
GoviEx focuses on uranium assets in Africa. Its principal holding is the Madaouela project, where it owns an 80% interest in north-central Niger. The company also holds a 100% interest in the Muntanga project — comprising three mining licences south of Lusaka, Zambia — and controls three exploration licences at the Falea project in Mali.
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