Apex Resources Inc. (CVE:APX – Get Free Report) dropped 20% during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04. 197,000 shares traded hands during trading, an increase of 123% from the average daily volume of 88,187 shares. The stock had previously closed at C$0.05.
Apex Resources Stock Down 20.0%
The company has a market cap of C$3.33 million, a price-to-earnings ratio of -6.00 and a beta of -0.86. The company has a current ratio of 1.04, a quick ratio of 1.30 and a debt-to-equity ratio of 3.50. The business has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06.
Apex Resources Company Profile
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.
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