Euromax Resources (CVE:EOX) Shares Up 25% – Still a Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report) shares rose 25% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 183,000 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 94,828 shares. The stock had previously closed at C$0.02.

Euromax Resources Price Performance

The firm has a market capitalization of C$18.87 million, a PE ratio of -1.00 and a beta of 0.88. The business has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of 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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