Euromax Resources (CVE:EOX) Hits New 1-Year High – Should You Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03, with a volume of 109005 shares traded. The stock had previously closed at C$0.03.

Euromax Resources Stock Up 20.0%

The business has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The stock has a market capitalization of C$22.64 million, a P/E ratio of -1.00 and a beta of 0.88.

Euromax Resources Company Profile

(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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