Apex Resources (CVE:APX) Trading Down 9.1% – Should You Sell?

Apex Resources Inc. (CVE:APXGet Free Report) was down 9.1% on Thursday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 164,200 shares were traded during trading, an increase of 95% from the average daily volume of 84,095 shares. The stock had previously closed at C$0.06.

Apex Resources Price Performance

The company has a 50-day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The stock has a market capitalization of C$3.75 million, a PE ratio of -6.00 and a beta of -0.55. The company has a debt-to-equity ratio of 3.50, a current ratio of 1.04 and a quick ratio of 1.30.

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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