Euromax Resources Ltd (TSE:EOX) Company Profile
Symbol(s): TSE:EOX, OTCMKTS:EOXFF
Industry: Gold Mining
Website: www.euromaxresources.com
eMail: katchison@euromaxresources.co.uk
Euromax Resources Ltd (TSE:EOX) is a Canadian Gold mining company. It’s a junior late stage development company mainly focused on exploration and development of mineral properties in Macedonia (FYR), Bulgaria and Serbia. The company has multiple properties including Ilovitza (Strumitza, Macedonia, Macedonia (FYR)), Breznik (Sofia, Bulgaria), Trun (Sofia, Bulgaria) and KMC (Novi Passar, Serbia).
Euromax Resources Ltd (TSE:EOX) has about 2.8 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$4.491 per gold equivalent ounce, which in our opinion is very low compared to other gold mining companies.
Euromax Resources Ltd has US$5.68 million cash and US$7.94 million debt. The company has 331.93 million shares outstanding and as of September 01, 2020, had a market capitalization of US$10.09 million. The stocks of Euromax Resources Ltd trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.
Euromax Resources Ltd (TSE:EOX) Share Price Chart
Euromax Resources Ltd (TSE:EOX) Technical Data
Last Updated: September 2, 2020
Euromax Resources Ltd (TSE:EOX) Financial Data
Euromax Resources Ltd (TSE:EOX) Gold Resources
Euromax Resources Ltd (TSE:EOX) Valuation by Resources
* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources