Top Momentum Gainer: Euromax Resources Ltd Soars on Ilovitza Pre-Feasibility Study Results

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Euromax Resources Ltd (TSX-V: EOX), a junior precious metal mining company, is today’s top stock that gained strong share price momentum touching its intraday 52-week high on strong Pre-Feasibility Study (PFS) results and a maiden Mineral Reserve, for its 100% owned Ilovitza gold-copper porphyry project in Macedonia. Its shares climbed over 46% during the last two consecutive trading days with a greater than average number of shares exchanging hands. In the last session, EOX was the top performer in the Canadian diversified mining sector after gaining 46.4% and closing at its 52-week high of $0.41 while recording huge volumes of 404,467 shares. EOX was the top gainer during the last week ended on June 6th 2014 after climbing 173.3% with 5-day average trading volumes of 146,751 shares. The stock accumulated over 86% in the past one month with daily average trading volumes of 246,558 shares. The stock has provided return of over 64% year-to-date.

Company Description:
Euromax Resources Ltd (TSX-V: EOX) is a mineral exploration and development company with gold and base metal assets in Macedonia, Bulgaria and Serbia.

1-Year Stock Chart:

Source: Bloomberg

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