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

Robex Resources Inc. (CVE:RBXGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as C$6.71 and last traded at C$6.62, with a volume of 14746 shares changing hands. The stock had previously closed at C$6.25.

Robex Resources Stock Down 0.3%

The company has a debt-to-equity ratio of 15.70, a current ratio of 0.88 and a quick ratio of 1.14. The stock’s fifty day simple moving average is C$5.58 and its 200-day simple moving average is C$4.53. The stock has a market cap of C$1.87 billion, a P/E ratio of -20.06 and a beta of -0.59.

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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