Max Resource Corp (CVE:MXR) shares were down 5.4% during mid-day trading on Wednesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 539,878 shares changed hands during trading, a decline of 80% from the average daily volume of 2,746,500 shares. The stock had previously closed at C$0.28.
The company has a market cap of $17.31 million and a P/E ratio of -4.29.
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Max Resource Corp., together with its subsidiary, engages in the acquisition and exploration of mineral properties in Canada and the United States. It focuses on the acquisition and exploration of base and precious metal properties located in the under-explored northern section of the Andean Copper Belt of Colombia.
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