Euromax Resources (CVE:EOX) Shares Up 50% – Time to Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report) shares rose 50% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 520,551 shares traded 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 Price Performance

The business’s fifty day moving average price is C$0.01 and its 200-day moving average price 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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