AEX Gold (CVE:AEX) Trading Down 1.6% – Time to Sell?
by Mitch Edgeman · The Markets DailyAEX Gold Inc. (CVE:AEX – Get Free Report)’s stock price traded down 1.6% during trading on Friday . The stock traded as low as C$0.62 and last traded at C$0.62. 8,500 shares changed hands during trading, a decline of 70% from the average session volume of 28,496 shares. The stock had previously closed at C$0.63.
AEX Gold Price Performance
The firm’s 50 day moving average is C$0.62 and its 200 day moving average is C$0.62. The firm has a market cap of C$109.80 million and a P/E ratio of -4.31. The company has a debt-to-equity ratio of 2.09, a current ratio of 19.90 and a quick ratio of 19.77.
About AEX Gold
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.