Apex Resources (CVE:APX) Sets New 52-Week High – Time to Buy?

Apex Resources Inc. (CVE:APXGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as C$0.07 and last traded at C$0.07, with a volume of 58774 shares trading hands. The stock had previously closed at C$0.07.

Apex Resources Stock Performance

The firm has a market cap of C$5.83 million, a price-to-earnings ratio of -6.00 and a beta of -0.84. The stock’s fifty day moving average is C$0.05 and its two-hundred day moving average is C$0.06. The company has a debt-to-equity ratio of 3.50, a quick ratio of 1.30 and a current ratio of 1.04.

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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