Apex Resources (CVE:APX) Stock Price Down 20% – What’s Next?

Apex Resources Inc. (CVE:APXGet Free Report)’s share price traded down 20% during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 197,000 shares were traded during mid-day trading, an increase of 123% from the average session volume of 88,187 shares. The stock had previously closed at C$0.05.

Apex Resources Price Performance

The stock has a market cap of C$3.75 million, a price-to-earnings ratio of -6.00 and a beta of -0.86. The firm’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.06. The company has a debt-to-equity ratio of 3.50, a current ratio of 1.04 and a quick ratio of 1.30.

Apex Resources Company Profile

(Get Free Report)

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.

Further Reading

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