Euromax Resources (CVE:EOX) Trading 22.2% Higher – Time to Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price shot up 22.2% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 276,588 shares traded hands during trading, an increase of 89% from the average session volume of 146,553 shares. The stock had previously closed at C$0.05.

Euromax Resources Stock Performance

The stock has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02. The firm has a market cap of C$30.19 million, a P/E ratio of -1.00 and a beta of 0.88.

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. The company was formerly known as Omax Resources Ltd. and changed its name to Euromax Resources Ltd. in 2004. Euromax Resources Ltd. was incorporated in 1990 and is based in Skopje, North Macedonia.

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