Robex Resources (CVE:RBX) Trading Down 4.7%

Shares of Robex Resources Inc. (CVE:RBX – Get Rating) traded down 4.7% during mid-day trading on Friday . The company traded as low as C$0.31 and last traded at C$0.31. 10,000 shares were traded during mid-day trading, a decline of 69% from the average session volume of 32,488 shares. The stock had previously closed at C$0.32.

Robex Resources Price Performance

The company has a quick ratio of 1.14, a current ratio of 1.01 and a debt-to-equity ratio of 12.86. The company has a market capitalization of C$257.44 million, a P/E ratio of 6.10 and a beta of 0.07. The business has a 50 day simple moving average of C$0.29 and a 200-day simple moving average of C$0.30.

Robex Resources Company Profile

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Robex Resources Inc, a junior operation and exploration mining company, engages in the exploration, development, and production of gold deposits. The company operates the Nampala mining permit located in southern Mali. It also holds four exploration permits, including Mininko and Kamasso exploration permits located in southern Mali; and Sanoula exploration permits situated in west Mali.