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

Shares of AEX Gold Inc. (CVE:AEXGet Free Report) fell 1.6% during mid-day trading on Wednesday . The company traded as low as C$0.62 and last traded at C$0.62. Approximately 8,500 shares traded 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 Stock Performance

The company has a current ratio of 19.90, a quick ratio of 19.77 and a debt-to-equity ratio of 2.09. The firm’s fifty day moving average price is C$0.62 and its 200 day moving average price is C$0.62. The firm has a market capitalization of C$109.80 million and a PE ratio of -4.31.

About AEX Gold

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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. AEX Gold Inc was incorporated in 2017 and is headquartered in Toronto, Canada.

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