Robex Resources (CVE:RBX) Hits New 12-Month High – Here’s Why

Robex Resources Inc. (CVE:RBXGet Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$5.59 and last traded at C$5.50, with a volume of 181651 shares changing hands. The stock had previously closed at C$5.30.

Robex Resources Price Performance

The company’s 50 day moving average price is C$4.70 and its 200 day moving average price is C$4.02. The company has a debt-to-equity ratio of 15.70, a quick ratio of 1.14 and a current ratio of 0.88. The company has a market cap of C$1.52 billion, a price-to-earnings ratio of -16.30 and a beta of -0.83.

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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