Euromax Resources (CVE:EOX) Stock Price Up 22.2% – Time to Buy?

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

Euromax Resources Stock Up 22.2%

The firm has a market cap of C$41.51 million, a price-to-earnings ratio of -1.00 and a beta of 0.88. The business has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

Euromax Resources Company Profile

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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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