Robex Resources (CVE:RBX) Shares Up 0.4% – Still a Buy?

Shares of Robex Resources Inc. (CVE:RBX) rose 0.4% on Thursday . The stock traded as high as C$2.58 and last traded at C$2.58. Approximately 5,449 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 23,387 shares. The stock had previously closed at C$2.57.

Robex Resources Stock Down 0.8 %

The firm has a market cap of C$386.18 million and a P/E ratio of -4.83. The company has a current ratio of 0.92, a quick ratio of 1.14 and a debt-to-equity ratio of 17.79. The business has a 50-day moving average price of C$2.68 and a 200-day moving average price of C$2.71.

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

About Robex Resources

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.