Robex Resources (CVE:RBX) Sets New 1-Year High – Here’s Why

Robex Resources Inc. (CVE:RBXGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$5.35 and last traded at C$5.35, with a volume of 32486 shares. The stock had previously closed at C$4.90.

Robex Resources Price Performance

The stock has a market cap of C$1.46 billion, a price-to-earnings ratio of -15.68 and a beta of -0.80. The company has a 50 day simple moving average of C$4.54 and a 200-day simple moving average of C$3.85. The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70.

About Robex Resources

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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. Robex Resources Inc was incorporated in 1985 and is headquartered in Québec, Canada.

Further Reading

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