Apex Resources (CVE:APX) Sets New 52-Week High – Here’s Why

Apex Resources Inc. (CVE:APXGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as C$0.11 and last traded at C$0.11, with a volume of 42505 shares. The stock had previously closed at C$0.10.

Apex Resources Trading Up 10.0%

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 stock has a market cap of C$9.16 million, a price-to-earnings ratio of -6.00 and a beta of -0.24. The company’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.06.

Apex Resources Company Profile

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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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