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 | ||||
8.76M | 12.22M | 4.12M | 9.62M | 2.66M | 807.00K | Total Assets |
77.29M | 80.79M | 74.20M | 80.08M | 72.45M | 70.65M | Total Debt |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
-8.46M | -11.87M | -3.29M | -9.59M | -2.54M | -761.00K | Total Liabilities |
1.49M | 1.29M | 1.19M | 7.10M | 5.14M | 2.76M | Stockholders Equity |
66.20M | 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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
58 Neutral | $9.12B | 5.24 | -7.59% | 7.51% | 0.53% | -65.25% | |
38 Underperform | $3.67B | 27.25 | -7.77% | ― | ― | -197.27% | |
38 Underperform | $1.68B | 33.39 | -4.64% | ― | ― | ― | |
33 Underperform | C$40.63M | ― | -202.39% | ― | ― | -370.28% | |
31 Underperform | C$15.75M | ― | -911.04% | ― | ― | 15.98% | |
28 Underperform | C$174.58M | ― | -6.64% | ― | ― | -34.39% |
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.
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 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 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.