Euromax Resources (CVE:EOX) Trading Down 33.3% – Here’s Why

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price traded down 33.3% during mid-day trading on Friday . The stock traded as low as C$0.04 and last traded at C$0.04. 198,928 shares were traded during mid-day trading, an increase of 21% from the average session volume of 164,357 shares. The stock had previously closed at C$0.06.

Euromax Resources Price Performance

The company has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company 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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