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

Shares of Robex Resources Inc. (CVE:RBXGet Free Report) reached a new 52-week high on Friday . The stock traded as high as C$6.40 and last traded at C$6.37, with a volume of 41696 shares. The stock had previously closed at C$6.20.

Robex Resources Stock Performance

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 stock has a market capitalization of C$1.75 billion, a price-to-earnings ratio of -18.82 and a beta of -0.83. The stock’s 50 day moving average is C$5.07 and its two-hundred day moving average is C$4.22.

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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