Euromax Resources (CVE:EOX) Shares Down 33.3% – Here’s What Happened

by · The Cerbat Gem

Euromax Resources Ltd. (CVE:EOX – Get Free Report)’s stock price was down 33.3% on Thursday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 198,928 shares traded hands during trading, an increase of 21% from the average daily volume of 164,357 shares. The stock had previously closed at C$0.06.

Euromax Resources Price Performance

The stock has a market cap of C$33.96 million, a price-to-earnings ratio of -1.00 and a beta of 0.88. The company’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02.

About Euromax Resources

(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. 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.

Featured Articles