UEX (TSE:UEX) Shares Up 16.5%

UEX Co. (TSE:UEXGet Free Report) shares were up 16.5% during mid-day trading on Monday . The company traded as high as C$0.50 and last traded at C$0.50. Approximately 9,418,620 shares were traded during trading, an increase of 373% from the average daily volume of 1,990,793 shares. The stock had previously closed at C$0.43.

UEX Price Performance

The company has a current ratio of 3.57, a quick ratio of 3.51 and a debt-to-equity ratio of 0.25. The business’s fifty day simple moving average is C$0.50. The stock has a market capitalization of C$275.50 million and a P/E ratio of -35.36.

UEX Company Profile

(Get Free Report)

UEX Corporation engages in the acquisition, exploration, and development of mineral properties in Canada. It holds uranium, cobalt, and nickel exploration projects located in the Athabasca Basin of northern Saskatchewan. The company's flagship property is the West Bear project measuring approximately 7,983 hectares comprising 24 contiguous areas located in the Wollaston Lake area of northern Saskatchewan.

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