Euromax Resources (CVE:EOX) Reaches New 52-Week High – What’s Next?

Shares of Euromax Resources Ltd. (CVE:EOX) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.06 and last traded at C$0.06, with a volume of 1172100 shares. The stock had previously closed at C$0.03.

Euromax Resources Trading Up 120.0%

The firm has a market cap of C$51.55 million, a PE ratio of -5.50 and a beta of 1.51. The stock has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03.

About Euromax Resources

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.