Apex Resources (CVE:APX) Reaches New 1-Year Low – Here’s Why

Apex Resources Inc. (CVE:APXGet Free Report) shares reached a new 52-week low during trading 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 Stock Down 9.1%

The firm has a 50-day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The firm has a market cap of C$4.16 million, a price-to-earnings ratio of -6.00 and a beta of -0.55. The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.30 and a current ratio of 1.04.

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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