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

Robex Resources Inc. (CVE:RBXGet Free Report)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as C$6.71 and last traded at C$6.62, with a volume of 14746 shares. The stock had previously closed at C$6.25.

Robex Resources Trading Up 7.5%

The firm has a market capitalization of C$1.86 billion, a P/E ratio of -19.88 and a beta of -0.59. 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 50-day moving average of C$5.49 and a 200-day moving average of C$4.49.

About Robex Resources

(Get Free Report)

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.

Read More

Receive News & Ratings for Robex Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Robex Resources and related companies with MarketBeat.com's FREE daily email newsletter.