Euromax Resources (CVE:EOX) Sets New 12-Month Low – Should You Sell?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 18000 shares. The stock had previously closed at C$0.02.

Euromax Resources Stock Performance

The business’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The firm has a market capitalization of C$8.53 million, a PE ratio of -0.75 and a beta of 1.31.

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.

Further Reading

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