Apex Resources (CVE:APX) Reaches New 52-Week Low – Time to Sell?

Apex Resources Inc. (CVE:APX)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 1000 shares traded. The stock had previously closed at C$0.05.

Apex Resources Trading Down 10.0%

The company’s 50 day moving average price is C$0.06 and its two-hundred day moving average price 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. The stock has a market capitalization of C$3.75 million, a PE ratio of -6.00 and a beta of -0.55.

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.