Apex Resources (CVE:APX) Stock Price Up 11.1% – Here’s Why

Apex Resources Inc. (CVE:APXGet Free Report)’s stock price was up 11.1% during trading on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. Approximately 486,510 shares were traded during trading, an increase of 577% from the average daily volume of 71,829 shares. The stock had previously closed at C$0.05.

Apex Resources Price Performance

The company has a market capitalization of C$4.16 million, a price-to-earnings ratio of -6.00 and a beta of -0.55. The company has a quick ratio of 1.30, a current ratio of 1.04 and a debt-to-equity ratio of 3.50. The company has a 50 day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06.

About Apex Resources

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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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