Euromax Resources (CVE:EOX) Trading 50% Higher – What’s Next?

Euromax Resources Ltd. (CVE:EOXGet Free Report) shares shot up 50% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.02. 520,551 shares traded hands during mid-day 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 Trading Up 50.0%

The business has a 50 day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.01. The company has a market cap 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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