Shares of Apex Resources Inc. (CVE:APX – Get Free Report) shot up 14.3% during mid-day trading on Monday . The stock traded as high as C$0.09 and last traded at C$0.08. 322,000 shares traded hands during mid-day trading, an increase of 251% from the average daily volume of 91,627 shares. The stock had previously closed at C$0.07.
Apex Resources Stock Up 12.5%
The stock has a market cap of C$7.49 million, a PE ratio of -6.00 and a beta of -0.84. The business has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.06. The company has a quick ratio of 1.30, a current ratio of 1.04 and a debt-to-equity ratio of 3.50.
About Apex Resources
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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