Euromax Resources (CVE:EOX) Sets New 12-Month Low – Here’s Why

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 1000 shares traded. The stock had previously closed at C$0.02.

Euromax Resources Stock Performance

The business’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.01. The company has a market capitalization of C$5.69 million, a PE ratio of -0.75 and a beta of 1.31.

Euromax Resources Company Profile

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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.

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