Apex Resources (CVE:APX) Trading Up 22.2% – Time to Buy?

Shares of Apex Resources Inc. (CVE:APXGet Free Report) shot up 22.2% during trading on Monday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 149,029 shares were traded during trading, an increase of 68% from the average session volume of 88,894 shares. The stock had previously closed at C$0.04.

Apex Resources Stock Performance

The stock has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.06. 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 company has a market capitalization of C$4.58 million, a price-to-earnings ratio of -6.00 and a beta of -0.80.

Apex Resources Company Profile

(Get Free Report)

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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