Euromax Resources (CVE:EOX) Sets New 12-Month High – Time to Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 19000 shares. The stock had previously closed at C$0.02.

Euromax Resources Trading Up 66.7%

The company has a market capitalization of C$18.87 million, a price-to-earnings ratio of -1.00 and a beta of -1.17. The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

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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