Euromax Resources (CVE:EOX) Trading Up 42.9% – Here’s What Happened

Euromax Resources Ltd. (CVE:EOX) shares traded up 42.9% during mid-day trading on Thursday . The stock traded as high as C$0.05 and last traded at C$0.05. 163,200 shares changed hands during trading, an increase of 30% from the average session volume of 125,897 shares. The stock had previously closed at C$0.04.

Euromax Resources Price Performance

The stock has a market capitalization of C$37.74 million, a price-to-earnings ratio of -1.00 and a beta of 2.21. The stock has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.02.

Euromax Resources Company Profile

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. The company was formerly known as Omax Resources Ltd. and changed its name to Euromax Resources Ltd. in 2004. Euromax Resources Ltd. was incorporated in 1990 and is based in Skopje, North Macedonia.