Robex Resources (CVE:RBX) Sets New 1-Year High – Should You Buy?

Shares of Robex Resources Inc. (CVE:RBXGet Free Report) reached a new 52-week high on Friday . The stock traded as high as C$6.40 and last traded at C$6.37, with a volume of 41696 shares changing hands. The stock had previously closed at C$6.20.

Robex Resources Trading Up 1.3%

The firm has a market cap of C$1.73 billion, a price-to-earnings ratio of -18.58 and a beta of -0.83. The company has a quick ratio of 1.14, a current ratio of 0.88 and a debt-to-equity ratio of 15.70. The business’s fifty day moving average is C$5.11 and its two-hundred day moving average is C$4.25.

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.

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