Robex Resources (CVE:RBX) Trading 1.2% Higher - Should You Buy?

Key Points

• Robex Resources Inc. shares increased by 1.2% on Tuesday, trading as high as C$3.32 before closing at C$3.30.
• The company has a market capitalization of C$422.46 million and operates gold production projects in West Africa, including the Nampala mining permit in Mali.
• Robex Resources currently shows a price-to-earnings ratio of -14.62 and has a quick ratio of 1.14, indicating financial metrics that investors may want to consider.

Robex Resources Inc. (CVE:RBX - )'s share price traded up 1.2% on Tuesday . The company traded as high as C$3.32 and last traded at C$3.30. 31,174 shares traded hands during trading, a decline of 33% from the average session volume of 46,794 shares. The stock had previously closed at C$3.26.

Robex Resources Price Performance

The company has a current ratio of 0.88, a quick ratio of 1.14 and a debt-to-equity ratio of 15.70. The business has a 50-day moving average price of C$3.31 and a two-hundred day moving average price of C$2.99. The firm has a market capitalization of C$422.46 million and a price-to-earnings ratio of -14.62.

Robex Resources Company Profile

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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