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

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price was up 50% during mid-day trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.02. Approximately 520,551 shares changed hands during trading, an increase of 1,134% from the average daily volume of 42,178 shares. The stock had previously closed at C$0.01.

Euromax Resources Stock Up 50.0%

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

Euromax Resources Company Profile

(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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