Robex Resources (CVE:RBX) Reaches New 52-Week High – What’s Next?

Robex Resources Inc. (CVE:RBXGet Free Report) hit a new 52-week high on Tuesday . The company traded as high as C$4.33 and last traded at C$4.27, with a volume of 125954 shares traded. The stock had previously closed at C$4.01.

Robex Resources Trading Up 6.5%

The firm has a market capitalization of C$931.73 million, a PE ratio of -31.87 and a beta of -0.68. The company has a quick ratio of 1.14, a current ratio of 0.88 and a debt-to-equity ratio of 15.70. The company’s 50-day simple moving average is C$3.52 and its 200 day simple moving average is C$3.31.

Robex Resources Company Profile

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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.

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