AEX Gold (CVE:AEX) Stock Falls 1.6% – Here’s What Happened

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

AEX Gold Price Performance

The stock’s 50-day moving average is C$0.62 and its 200 day moving average is C$0.62. The company has a debt-to-equity ratio of 2.09, a current ratio of 19.90 and a quick ratio of 19.77. The company has a market cap of C$109.80 million and a PE ratio of -4.31.

AEX Gold Company Profile

(Get Free Report)

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.

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