GrowMax Resources Corp (CVE:GRO) shares fell 10% on Monday . The stock traded as low as C$0.09 and last traded at C$0.09. 325,000 shares changed hands during trading, an increase of 201% from the average session volume of 107,958 shares. The stock had previously closed at C$0.10.
The stock has a market capitalization of $21.39 million and a price-to-earnings ratio of -16.67.
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GrowMax Resources Corp. focuses on the exploration, evaluation, and development of phosphate and potassium-rich brine resources, and other mineral concessions in Peru. It owns a 100% interest in the Bayovar property covering an area of 227,000 gross acres located in the Sechura Desert in northwestern Peru.
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