Apex Resources (CVE:APX) Sets New 52-Week Low – What’s Next?

Apex Resources Inc. (CVE:APX)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 1000 shares. The stock had previously closed at C$0.05.

Apex Resources Price Performance

The firm has a market cap of C$3.75 million, a P/E 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. The firm’s fifty day moving average is C$0.06 and its 200 day moving average is C$0.06.

Apex Resources Company Profile

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.