Euromax Resources (CVE:EOX) Stock Price Up 42.9% – What’s Next?

Shares of Euromax Resources Ltd. (CVE:EOX) were up 42.9% during trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 163,200 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 125,897 shares. The stock had previously closed at C$0.04.

Euromax Resources Price Performance

The firm’s fifty day moving average is C$0.03 and its two-hundred day moving average is C$0.02. The firm has a market capitalization of C$37.74 million, a PE ratio of -1.00 and a beta of 2.21.

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.