Robex Resources (CVE:RBX) Trading Up 0.4% – Here’s Why

Robex Resources Inc. (CVE:RBX)’s stock price was up 0.4% during mid-day trading on Thursday . The stock traded as high as C$2.58 and last traded at C$2.58. Approximately 5,449 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 23,387 shares. The stock had previously closed at C$2.57.

Robex Resources Trading Up 0.4 %

The company has a market capitalization of C$389.19 million and a PE ratio of -4.87. The company has a fifty day simple moving average of C$2.68 and a 200-day simple moving average of C$2.71. The company has a current ratio of 0.92, a quick ratio of 1.14 and a debt-to-equity ratio of 17.79.

Robex Resources (CVE:RBX) last posted its earnings results on Thursday, August 29th. The company reported C$0.05 earnings per share (EPS) for the quarter. Robex Resources had a negative return on equity of 25.48% and a negative net margin of 32.07%. The company had revenue of C$39.32 million during the quarter.

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.