Robex Resources (CVE:RBX) Trading 1.7% Higher – Time to Buy?

Robex Resources Inc. (CVE:RBX) traded up 1.7% on Monday . The stock traded as high as C$6.31 and last traded at C$6.00. 200,883 shares were traded during mid-day trading, an increase of 57% from the average session volume of 127,944 shares. The stock had previously closed at C$5.90.

Robex Resources Trading Up 1.7%

The company has a debt-to-equity ratio of 5.49, a quick ratio of 1.14 and a current ratio of 2.63. The stock has a market capitalization of C$1.66 billion, a P/E ratio of -9.06 and a beta of -0.16. The stock has a 50-day moving average price of C$6.47 and a two-hundred day moving average price of C$5.11.

About Robex Resources

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.