Euromax Resources (CVE:EOX) Shares Up 28.6% – Should You Buy?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price traded up 28.6% on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 619,327 shares were traded during trading, an increase of 368% from the average session volume of 132,270 shares. The stock had previously closed at C$0.04.

Euromax Resources Stock Performance

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

About Euromax Resources

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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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