Robex Resources (CVE:RBX) Hits New 1-Year High – Should You Buy?

Robex Resources Inc. (CVE:RBX) reached a new 52-week high on Tuesday . The company traded as high as C$6.92 and last traded at C$6.92, with a volume of 83821 shares. The stock had previously closed at C$6.78.

Robex Resources Stock Up 2.1%

The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70. The company has a market capitalization of C$1.91 billion, a P/E ratio of -20.47 and a beta of -0.59. The stock has a 50 day moving average price of C$5.67 and a 200 day moving average price of C$4.59.

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.