Euromax Resources (CVE:EOX) Hits New 52-Week Low – Time to Sell?

Euromax Resources Ltd. (CVE:EOXGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$0.01 and last traded at C$0.02, with a volume of 18666 shares trading hands. The stock had previously closed at C$0.02.

Euromax Resources Price Performance

The firm’s fifty day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The firm has a market cap of C$8.53 million, a P/E ratio of -0.75 and a beta of 1.31.

Euromax Resources Company Profile

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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.

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