Apex Resources (CVE:APX) Hits New 1-Year High – What’s Next?

Shares of Apex Resources Inc. (CVE:APXGet Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.09 and last traded at C$0.09, with a volume of 756000 shares traded. The stock had previously closed at C$0.09.

Apex Resources Trading Up 5.9%

The stock’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.06. The stock has a market capitalization of C$7.49 million, a PE ratio of -6.00 and a beta of -0.84. The company has a debt-to-equity ratio of 3.50, a current ratio of 1.04 and a quick ratio of 1.30.

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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