Apex Resources (CVE:APX) Shares Up 20% – Should You Buy?

Apex Resources Inc. (CVE:APXGet Free Report)’s share price traded up 20% on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 137,354 shares traded hands during trading, an increase of 53% from the average daily volume of 89,648 shares. The stock had previously closed at C$0.05.

Apex Resources Stock Up 20.0%

The company has a market cap of C$5.00 million, a P/E 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. The business’s 50 day moving average price is C$0.05 and its 200-day moving average price is C$0.06.

About Apex Resources

(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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