Robex Resources (CVE:RBX) Hits New 12-Month High – Should You Buy?

by · The Cerbat Gem

Shares of Robex Resources Inc. (CVE:RBX – Get Free Report) reached 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 trading hands. The stock had previously closed at C$5.30.

Robex Resources Stock Up 4.9%

The stock has a market capitalization of C$1.62 billion, a price-to-earnings ratio of -17.43 and a beta of -0.83. The firm has a 50-day moving average of C$4.74 and a 200 day moving average of C$4.05. The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70.

Robex Resources Company Profile

(Get Free Report)

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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