Euromax Resources (CVE:EOX) Stock Price Up 28.6% – Here’s What Happened

Euromax Resources Ltd. (CVE:EOX)’s share price shot up 28.6% on Saturday . The company traded as high as C$0.05 and last traded at C$0.05. 619,327 shares changed hands during trading, an increase of 368% from the average session volume of 132,270 shares. The stock had previously closed at C$0.04.

Euromax Resources Stock Up 28.6%

The firm has a market capitalization of C$33.96 million, a P/E ratio of -1.00 and a beta of 0.88. The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.02.

About Euromax Resources

Euromax Resources Ltd. engages in the exploration and development of mineral right interests in Macedonia. The company primarily explores for copper and gold deposits. Its flagship project is the Ilovica-Shtuka gold-copper project, which is located in Southeast Macedonia with annual production of approximately 83 kilo ounces of gold and 16 kilotons of copper. The company was formerly known as Omax Resources Ltd. and changed its name to Euromax Resources Ltd. in 2004. Euromax Resources Ltd. was incorporated in 1990 and is based in Skopje, North Macedonia.