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

by · The Cerbat Gem

AEX Gold Inc. (CVE:AEX – Get Free Report) was down 1.6% during mid-day trading on Thursday . The stock traded as low as C$0.62 and last traded at C$0.62. Approximately 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 company has a quick ratio of 19.77, a current ratio of 19.90 and a debt-to-equity ratio of 2.09. The firm has a market capitalization of C$109.80 million and a price-to-earnings ratio of -4.31. The business has a 50-day moving average of C$0.62 and a two-hundred day moving average of C$0.62.

AEX Gold Company Profile

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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.

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