AEX Gold (CVE:AEX) Shares Down 1.6% – Here’s Why

AEX Gold Inc. (CVE:AEXGet Free Report) shares traded down 1.6% during mid-day trading on Wednesday . The company traded as low as C$0.62 and last traded at C$0.62. 8,500 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 28,496 shares. The stock had previously closed at C$0.63.

AEX Gold Trading Down 1.6%

The firm has a market capitalization of C$109.80 million and a P/E ratio of -4.31. The business has a 50-day moving average price of C$0.62 and a 200-day moving average price of C$0.62. The company has a quick ratio of 19.77, a current ratio of 19.90 and a debt-to-equity ratio of 2.09.

AEX Gold Company Profile

(Get Free Report)

AEX Gold Inc engages in the acquisition, exploration, and development of mineral properties in Greenland. It holds interests in licenses covering an area of 7,615.85 square kilometers located in South Greenland. The company was formerly known as Alopex Gold Inc and changed its name to AEX Gold Inc in June 2018. AEX Gold Inc was incorporated in 2017 and is headquartered in Toronto, Canada.

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