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

Robex Resources Inc. (CVE:RBX)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as C$4.33 and last traded at C$4.27, with a volume of 125954 shares changing hands. The stock had previously closed at C$4.01.

Robex Resources Price Performance

The firm has a 50 day moving average of C$3.52 and a 200-day moving average of C$3.31. 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 company has a market cap of C$931.73 million, a P/E ratio of -31.87 and a beta of -0.68.

Robex Resources Company Profile

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.