Robex Resources (CVE:RBX) Trading 1.9% Higher – What’s Next?

Shares of Robex Resources Inc. (CVE:RBXGet Free Report) rose 1.9% during mid-day trading on Wednesday . The stock traded as high as C$2.74 and last traded at C$2.71. Approximately 21,122 shares were traded during trading, an increase of 23% from the average daily volume of 17,141 shares. The stock had previously closed at C$2.66.

Robex Resources Trading Up 1.9 %

The company has a debt-to-equity ratio of 17.79, a current ratio of 0.92 and a quick ratio of 1.14. The company has a market cap of C$408.80 million and a price-to-earnings ratio of -5.11. The business’s fifty day moving average price is C$2.75 and its 200 day moving average price is C$2.60.

Robex Resources (CVE:RBXGet Free Report) last released its quarterly earnings results on Thursday, August 29th. The company reported C$0.05 EPS for the quarter. The firm had revenue of C$39.32 million for the quarter. Robex Resources had a negative return on equity of 25.48% and a negative net margin of 32.07%.

About Robex Resources

(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.

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