Apex Resources Inc. (CVE:APX – Get Free Report) dropped 18.8% during trading on Thursday. The company traded as low as C$0.07 and last traded at C$0.07. Approximately 123,940 shares changed hands during mid-day trading, an increase of 27% from the average daily volume of 97,502 shares. The stock had previously closed at C$0.08.
Apex Resources Price Performance
The firm has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.06. The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.30 and a current ratio of 1.04. The firm has a market capitalization of C$5.41 million, a P/E ratio of -6.00 and a beta of 0.11.
About Apex Resources
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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