Robex Resources (CVE:RBX) Sets New 52-Week High – What’s Next?

Shares of Robex Resources Inc. (CVE:RBX) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$6.28 and last traded at C$6.20, with a volume of 242320 shares changing hands. The stock had previously closed at C$6.05.

Robex Resources Stock Performance

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$1.71 billion, a P/E ratio of -18.34 and a beta of -0.83. The stock’s fifty day moving average price is C$4.81 and its two-hundred day moving average price is C$4.10.

Robex Resources Company Profile

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.