Apex Resources (CVE:APX) Hits New 12-Month Low – What’s Next?

Apex Resources Inc. (CVE:APXGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as C$0.05 and last traded at C$0.05, with a volume of 1000 shares changing hands. The stock had previously closed at C$0.06.

Apex Resources Price Performance

The company has a debt-to-equity ratio of 3.50, a current ratio of 1.04 and a quick ratio of 1.30. The stock’s fifty day simple moving average is C$0.06 and its 200-day simple moving average is C$0.06. The stock has a market cap of C$4.16 million, a P/E ratio of -6.00 and a beta of -0.55.

Apex Resources Company Profile

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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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