Euromax Resources (CVE:EOX) Hits New 12-Month Low – Time to Sell?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price hit a new 52-week low on Thursday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 3000 shares changing hands. The stock had previously closed at C$0.02.

Euromax Resources Stock Down 33.3 %

The firm’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The stock has a market cap of C$5.69 million, a price-to-earnings ratio of -0.50 and a beta of 1.31.

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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