Apex Resources (CVE:APX) Trading Up 14.3% – Here’s Why

Apex Resources Inc. (CVE:APXGet Free Report) shares shot up 14.3% during trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.08. 322,000 shares changed hands during mid-day trading, an increase of 251% from the average session volume of 91,627 shares. The stock had previously closed at C$0.07.

Apex Resources Price Performance

The company has a quick ratio of 1.30, a current ratio of 1.04 and a debt-to-equity ratio of 3.50. The firm has a market capitalization of C$6.66 million, a PE ratio of -6.00 and a beta of -0.84. The stock has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.06.

About Apex Resources

(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.

Further Reading

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