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Euromax Resources shares surged 22% to C$0.06 on heavy volume, with no clear reason for the rise.
Euromax Resources (CVE:EOX) shares rose 22.2% on Tuesday, closing at C$0.06 with trading volume surging to 276,588 shares—89% above average.
The Skopje-based company, focused on copper and gold exploration, particularly the Ilovica-Shtuka project in Southeast Macedonia, has a market cap of C$41.51 million.
Its 50-day and 200-day moving averages are both C$0.02, and it carries a negative P/E ratio and beta of 0.88.
The stock’s recent jump occurred without a clearly identified catalyst, amid broader market activity.
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Las acciones de Euromax Resources subieron un 22% a 0,06 dólares canadienses en un volumen elevado, sin una razón clara para el aumento.