Euromax Resources (CVE:EOX) Shares Up 22.2% – Here’s What Happened

Shares of Euromax Resources Ltd. (CVE:EOX) traded up 22.2% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 276,588 shares changed hands during trading, an increase of 89% from the average session volume of 146,553 shares. The stock had previously closed at C$0.05.

Euromax Resources Stock Up 12.5%

The stock has a market cap of C$33.96 million, a PE ratio of -1.00 and a beta of 0.88. The firm has a fifty day moving average of C$0.02 and a 200 day moving average of C$0.02.

Euromax Resources Company Profile

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.