Robex Resources (CVE:RBX) Trading Up 1.6% – Still a Buy?

Robex Resources Inc. (CVE:RBXGet Free Report)’s stock price was up 1.6% during mid-day trading on Monday . The company traded as high as C$3.34 and last traded at C$3.25. Approximately 33,036 shares traded hands during trading, a decline of 32% from the average daily volume of 48,338 shares. The stock had previously closed at C$3.20.

Robex Resources Price Performance

The business has a fifty day simple moving average of C$3.26 and a two-hundred day simple moving average of C$2.89. The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70. The stock has a market cap of C$416.06 million and a PE ratio of -14.40.

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.

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