AEX Gold (CVE:AEX) Trading Down 1.6% – Time to Sell?

AEX Gold Inc. (CVE:AEXGet Free Report) shares traded down 1.6% on Monday . The company traded as low as C$0.62 and last traded at C$0.62. 8,500 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 28,496 shares. The stock had previously closed at C$0.63.

AEX Gold Price Performance

The company has a debt-to-equity ratio of 2.09, a current ratio of 19.90 and a quick ratio of 19.77. The stock has a market cap of C$109.80 million and a price-to-earnings ratio of -4.31. The business’s 50-day simple moving average is C$0.62 and its two-hundred day simple moving average is C$0.62.

About AEX Gold

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AEX Gold Inc engages in the acquisition, exploration, and development of mineral properties in Greenland. It holds interests in licenses covering an area of 7,615.85 square kilometers located in South Greenland. The company was formerly known as Alopex Gold Inc and changed its name to AEX Gold Inc in June 2018.

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