Euromax Resources (CVE:EOX) Stock Price Up 50% – What’s Next?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price rose 50% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.02. Approximately 520,551 shares were traded during mid-day 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 firm has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.01. The firm has a market cap of C$10.66 million, a P/E 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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