Max Resource (CVE:MXR) Shares Down 5.7%

Max Resource Corp. (CVE:MXRGet Free Report)’s share price traded down 5.7% during mid-day trading on Monday . The stock traded as low as C$0.41 and last traded at C$0.42. 357,400 shares traded hands during trading, an increase of 25% from the average session volume of 285,195 shares. The stock had previously closed at C$0.44.

Max Resource Stock Performance

The firm has a market capitalization of C$40.70 million and a PE ratio of -6.69. The company’s 50-day moving average price is C$0.41 and its 200-day moving average price is C$0.41.

About Max Resource

(Get Free Report)

Max Resource Corp. engages in the acquisition and exploration of mineral properties in Canada, Peru, and Colombia. The company holds interests in the Choco gold project covering 250 square kilometers; North Choco gold-copper project covering 250 square kilometers; Gachala copper project covering 164 square kilometers; Novita project covering 10,790 hectares located in Colombia; and Cesar copper silver project, which covers an area of approximately 2,000 hectares located in Colombia.

Read More

Receive News & Ratings for Max Resource Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Max Resource and related companies with MarketBeat.com's FREE daily email newsletter.