Euromax Resources (CVE:EOX) Sets New 1-Year Low – What’s Next?

Euromax Resources Ltd. (CVE:EOXGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$0.01, with a volume of 3000 shares. The stock had previously closed at C$0.02.

Euromax Resources Stock Down 33.3 %

The firm has a market capitalization of C$5.69 million, a price-to-earnings ratio of -0.50 and a beta of 1.31. The company’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01.

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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