AEX Gold (CVE:AEX) Shares Down 1.6% – Time to Sell?

AEX Gold Inc. (CVE:AEX) fell 1.6% during trading on Monday . The stock traded as low as C$0.62 and last traded at C$0.62. 8,500 shares traded hands during trading, a decline of 70% from the average session volume of 28,496 shares. The stock had previously closed at C$0.63.

AEX Gold Price Performance

The business has a fifty day moving average of C$0.62 and a two-hundred day moving average of C$0.62. The company has a debt-to-equity ratio of 2.09, a quick ratio of 19.77 and a current ratio of 19.90. The firm has a market capitalization of C$109.80 million and a price-to-earnings ratio of -4.31.

About AEX Gold

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.