Robex Resources (CVE:RBX) Trading 3.4% Higher – Here’s Why

Robex Resources Inc. (CVE:RBXGet Free Report) shares rose 3.4% during trading on Thursday . The stock traded as high as C$4.70 and last traded at C$4.55. Approximately 113,392 shares traded hands during trading, an increase of 115% from the average daily volume of 52,719 shares. The stock had previously closed at C$4.40.

Robex Resources Trading Up 9.9%

The stock has a fifty day simple moving average of C$4.50 and a 200 day simple moving average of C$3.79. The company has a debt-to-equity ratio of 15.70, a quick ratio of 1.14 and a current ratio of 0.88. The firm has a market cap of C$1.22 billion, a P/E ratio of -14.79 and a beta of -0.80.

Robex Resources Company Profile

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Robex Resources Inc operates as a gold production and development company in West Africa. The company operates the Nampala mining permit located in southern Mali; and the Kiniero Project in Guinea. It also holds five exploration permits, including Mininko, Kamasso, Gladié, Sanoula, and Diangouté in Mali.

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