Apex Resources (CVE:APX) Stock Price Down 18.8% – Should You Sell?

Apex Resources Inc. (CVE:APX – Get Free Report)’s share price was down 18.8% during mid-day trading on Thursday. The stock traded as low as C$0.07 and last traded at C$0.07. 123,940 shares were traded during mid-day trading, an increase of 27% from the average daily volume of 97,502 shares. The stock had previously closed at C$0.08.

Apex Resources Price Performance

The stock’s 50-day moving average is C$0.09 and its 200-day moving average is C$0.06. The firm has a market cap of C$4.58 million, a P/E ratio of -6.00 and a beta of 0.11. The company has a quick ratio of 1.30, a current ratio of 1.04 and a debt-to-equity ratio of 3.50.

Apex Resources Company Profile

(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.

Further Reading

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