Apex Resources (CVE:APX) Hits New 52-Week Low – Here’s Why

Shares of Apex Resources Inc. (CVE:APXGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 151500 shares. The stock had previously closed at C$0.05.

Apex Resources Price Performance

The company has a quick ratio of 1.30, a current ratio of 1.04 and a debt-to-equity ratio of 3.50. The firm’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.06. The stock has a market capitalization of C$3.75 million, a PE ratio of -6.00 and a beta of -0.86.

About Apex Resources

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Apex Resources Inc, an exploration stage company, engages in the exploration and evaluation of mineral properties in Canada. The company primarily explores for gold, copper, lead, zinc, molybdenum, and tungsten deposits. It holds a 100% interest in the Jersey Emerald Tungsten-Lead-Zinc property consisting of 28 crown granted mineral claims, four 2-post claims, and 80 mineral units located in southeastern British Columbia; and the Ore Hill property covering an area of 2,000 hectares located in southern British Columbia.

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