Robex Resources (CVE:RBX) Shares Down 0.4% – What’s Next?

Robex Resources Inc. (CVE:RBX)’s share price dropped 0.4% during mid-day trading on Thursday . The stock traded as low as C$2.29 and last traded at C$2.29. Approximately 1,500 shares traded hands during trading, a decline of 93% from the average daily volume of 22,853 shares. The stock had previously closed at C$2.30.

Robex Resources Stock Down 0.4 %

The firm has a fifty day simple moving average of C$2.60 and a 200-day simple moving average of C$2.69. The firm has a market cap of C$345.45 million and a price-to-earnings ratio of -4.32. The company has a debt-to-equity ratio of 17.79, a quick ratio of 1.14 and a current ratio of 0.92.

Robex Resources (CVE:RBX) last announced its quarterly earnings results on Thursday, August 29th. The company reported C$0.05 earnings per share (EPS) for the quarter. Robex Resources had a negative return on equity of 25.48% and a negative net margin of 32.07%. The business had revenue of C$39.32 million during the quarter.

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.