Euromax Resources (CVE:EOX) Hits New 52-Week Low – Time to Sell?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.01 and last traded at C$0.02, with a volume of 41000 shares traded. The stock had previously closed at C$0.01.

Euromax Resources Stock Performance

The company has a market capitalization of C$5.69 million, a P/E ratio of -0.50 and a beta of 1.31. The business has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.01.

Euromax Resources Company Profile

(Get Free Report)

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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