Shares of Euromax Resources Ltd. (CVE:EOX – Get Free Report) were up 50% on Saturday . The company 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 50-day simple moving average is C$0.01 and its two-hundred day simple moving average is C$0.01. The stock has a market capitalization of C$10.66 million, a price-to-earnings ratio of -1.00 and a beta of -1.61.
About Euromax Resources
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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