GoviEx Uranium (GXU) AI Stock Analysis

• Market Cap: C$40.63M
• Dividend Yield: N/A
• Average Volume (3M): 1.71M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.71
• Revenue Growth: N/A
• EPS Growth: -370.28%
• Country: CA
• Employees: 34
• Sector: Energy
• Sector Strength: 51
• Industry: Uranium
• EPS (TTM): -0.12
• Shares Outstanding: 812,650,200
• 10 Day Avg. Volume: 847,568
• 30 Day Avg. Volume: 1,714,011
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.30
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

GoviEx Uranium's overall stock score reflects substantial financial and operational challenges. The significant financial instability due to continuous losses and reliance on external financing weigh heavily on the score. Technical analysis indicates a bearish trend, further impacting investor sentiment. Valuation metrics highlight the unprofitability of the company. However, the promising feasibility study for the Muntanga project offers potential upside if successfully executed, which slightly mitigates the overall negative outlook.

GoviEx Uranium Business Overview & Revenue Model

Company Description

GoviEx Uranium Inc., a mineral resources company, engages in the acquisition, exploration, and development of uranium projects in Africa. The company's flagship property is the Madaouela project located in north-central Niger. It also owns 100% interest in the Mutanga project that consists of 3 mine permits situated to the south of Lusaka, Zambia; and the Falea project located in Mali. The company was formerly known as Govi High Power Exploration Inc. and changed its name to GoviEx Uranium Inc. in September 2008. GoviEx Uranium Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

How the Company Makes Money

GoviEx Uranium generates revenue through the exploration and development of uranium mining projects with the ultimate goal of producing and selling uranium. The company advances its projects through various stages of exploration and feasibility studies to develop economically viable uranium mines. Revenue is primarily expected from the sale of uranium extracted from its mining operations to utilities and other entities that require uranium for nuclear energy production. Additionally, GoviEx may engage in strategic partnerships or joint ventures to enhance project development and financing, although specific details on such partnerships are not disclosed. Currently, GoviEx's revenue generation is largely dependent on the successful advancement and commercialization of its uranium projects.

GoviEx Uranium Financial Statement Overview

Summary

Overall, GoviEx Uranium faces significant financial challenges, with no revenue generation and consistent losses. While the absence of debt lowers financial leverage risk, the declining equity and reliance on external financing highlight a precarious financial situation. Strategic shifts or operational improvements are crucial to enhance financial health and sustainability.

Income Statement

GoviEx Uranium's income statement reveals significant challenges with no revenue generation in both annual and TTM periods. The company reported consistent negative net income, EBIT, and EBITDA, indicating ongoing operational difficulties. The absence of revenue makes it challenging to calculate growth or profit margins, reflecting a high-risk financial position.

Balance Sheet

The balance sheet shows a relatively stable financial position with zero debt, which lowers financial risk. However, the declining stockholders' equity from $69.58 million in 2023 to $5.137 million in TTM poses a concern about the company's diminishing financial strength. The equity ratio remains relatively healthy but is trending downward due to asset reduction.

Cash Flow

Cash flow analysis indicates negative free cash flow and operating cash flow throughout the periods, which raises concerns about sustainability. The company heavily relies on financing activities to cover cash outflows, which is unsustainable in the long term without revenue generation or profitability improvements.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-51.00K	0.00	-64.00K	-18.00K	-14.00K	-16.00K
	EBIT
-11.26M	-11.60M	-14.82M	-13.08M	-6.15M	-6.56M
	EBITDA
-12.91M	-12.61M	-14.76M	-13.06M	-6.13M	-6.55M
	Net Income Common Stockholders
-69.18M	-13.95M	-9.51M	-9.98M	-5.96M	-8.42M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.95M	12.22M	4.12M	9.62M	2.66M	807.00K
	Total Assets
65.87M	80.79M	74.20M	80.08M	72.45M	70.65M
	Total Debt
45.61M	0.00	0.00	0.00	0.00	0.00
	Net Debt
41.66M	-11.87M	-3.29M	-9.59M	-2.54M	-761.00K
	Total Liabilities
46.25M	1.29M	1.19M	7.10M	5.14M	2.76M
	Stockholders Equity
19.62M	69.58M	62.72M	61.91M	55.11M	55.07M
Cash Flow		Free Cash Flow
-11.65M	-11.21M	-18.86M	-9.46M	-3.68M	-4.11M
	Operating Cash Flow
-11.65M	-11.19M	-18.63M	-9.37M	-3.67M	-4.11M
	Investing Cash Flow
-29.00K	-22.00K	834.00K	-89.00K	-7.00K	0.00
	Financing Cash Flow
9.54M	19.74M	11.50M	16.43M	5.36M	3.61M

GoviEx Uranium Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GXU, the sentiment is Positive. The current price of 0.05 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and below the 200-day MA of 0.06, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 51.61 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GXU.

GoviEx Uranium Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	55 Neutral	$7.10B	3.56	-6.61%	5.99%	-0.03%	-51.71%
PTU	38 Underperform	C$14.46M	―	-160.61%	―	―	16.77%
GXU	33 Underperform	C$40.63M	―	-202.39%	―	―	-370.28%
LAM	28 Underperform	C$154.79M	―	-6.64%	―	―	-34.39%

GoviEx Uranium Corporate Events

GoviEx Uranium Reveals Promising Feasibility Study for Muntanga Project Amidst Supply Deficit

GoviEx Uranium has announced promising feasibility study results for its Muntanga Uranium Project in Zambia, highlighting strong project economics with an after-tax NPV of USD 243 million and an IRR of 20.8%. The project benefits from low technical risk, cost-efficient operations, and favorable local infrastructure, positioning it well in the current market, which faces a widening supply deficit due to increased nuclear energy demand and a lack of new uranium projects. Muntanga’s production is expected to commence in 2028, offering a timely response to the anticipated supply gap.

GoviEx Uranium Faces Setbacks and Advances in 2024

In the annual letter to stakeholders, GoviEx Uranium reported a challenging year in 2024 due to the revocation of its rights to the Madaouela Project in Niger, a significant setback given its extensive investment in the project. Despite this, the company is committed to protecting its rights through arbitration and remains focused on advancing the Muntanga Project in Zambia, where it has achieved significant progress. The company has completed technical studies and is optimistic about Muntanga’s potential to enhance its position as a significant uranium producer, with the feasibility study nearing completion.

GoviEx Uranium Seeks Arbitration Over Niger Mining Rights

GoviEx Uranium and its subsidiary have initiated arbitration against the Republic of Niger over the withdrawal of their mining rights for the Madaouéla uranium project, following an alleged breach of agreements by the state. Despite strong interest and progress in project financing and development, the companies face setbacks due to political changes and are seeking legal remedies to regain their rights or receive compensation. With significant economic and employment potential at stake, the outcome of this dispute could impact the region’s development.

GoviEx Uranium Advances ESG Efforts in 2024

GoviEx Uranium has released its 2024 Sustainability Report, highlighting its commitment to ESG principles and progress in sustainable practices. By aligning with global standards, the company aims to meet stakeholder expectations before developing its Muntanga project in Zambia. GoviEx has also engaged CanadianMiningReport.com for marketing and advertising efforts.