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

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price fell 33.3% during trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. 198,928 shares traded hands 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 Stock Up 12.5%

The firm’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a market capitalization of C$33.96 million, a PE ratio of -1.00 and a beta of 0.88.

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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