Robex Resources (CVE:RBX) Reaches New 1-Year High – Time to Buy?

Robex Resources Inc. (CVE:RBXGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as C$7.60 and last traded at C$7.60, with a volume of 24517 shares traded. The stock had previously closed at C$7.20.

Robex Resources Trading Up 4.0%

The business has a 50 day moving average of C$5.87 and a 200-day moving average of C$4.70. The stock has a market cap of C$2.07 billion, a PE ratio of -22.16 and a beta of -0.59. The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70.

Robex Resources Company Profile

(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.

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