Euromax Resources (CVE:EOX) Sets New 12-Month Low – Here’s Why

Shares of Euromax Resources Ltd. (CVE:EOXGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.02.

Euromax Resources Stock Performance

The firm’s 50-day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a market cap of C$5.69 million, a P/E ratio of -0.50 and a beta of 1.31.

Euromax Resources Company Profile

(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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