Shares of UEX Co. (TSE:UEX – Get Free Report) shot up 16.5% during trading on Monday . The company traded as high as C$0.50 and last traded at C$0.50. 9,418,620 shares were traded during trading, an increase of 373% from the average session volume of 1,990,793 shares. The stock had previously closed at C$0.43.
UEX Price Performance
The firm’s 50-day moving average is C$0.50. The stock has a market cap of C$275.50 million and a price-to-earnings ratio of -35.36. The company has a quick ratio of 3.51, a current ratio of 3.57 and a debt-to-equity ratio of 0.25.
About UEX
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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