Robex Resources (CVE:RBX) Hits New 1-Year High – What’s Next?

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

Robex Resources Trading Up 2.6%

The company has a debt-to-equity ratio of 15.70, a current ratio of 0.88 and a quick ratio of 1.14. The company has a market capitalization of C$1.75 billion, a price-to-earnings ratio of -18.82 and a beta of -0.83. The business’s 50-day moving average price is C$5.07 and its two-hundred day moving average price is C$4.22.

Robex Resources Company Profile

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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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