AEX Gold (CVE:AEX) Shares Down 1.6% – Here’s Why

Shares of AEX Gold Inc. (CVE:AEXGet Free Report) dropped 1.6% during trading on Friday . The company traded as low as C$0.62 and last traded at C$0.62. Approximately 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 Stock Performance

The company has a market capitalization of C$109.80 million and a P/E ratio of -4.31. The company has a current ratio of 19.90, a quick ratio of 19.77 and a debt-to-equity ratio of 2.09. The company’s fifty day moving average is C$0.62 and its 200 day moving average is C$0.62.

About AEX Gold

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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.

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