Euromax Resources (CVE:EOX) Shares Up 50% – Here’s Why

Shares of Euromax Resources Ltd. (CVE:EOXGet Free Report) shot up 50% on Saturday . The company traded as high as C$0.03 and last traded at C$0.02. 520,551 shares were traded during trading, an increase of 1,134% from the average session volume of 42,178 shares. The stock had previously closed at C$0.01.

Euromax Resources Price Performance

The stock’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The stock has a market capitalization of C$10.66 million, a PE ratio of -1.00 and a beta of -1.61.

About Euromax Resources

(Get Free Report)

Euromax Resources Ltd. engages in the exploration and development of mineral right interests in Macedonia. The company primarily explores for copper and gold deposits. Its flagship project is the Ilovica-Shtuka gold-copper project, which is located in Southeast Macedonia with annual production of approximately 83 kilo ounces of gold and 16 kilotons of copper.

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