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

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

Robex Resources Stock Down 1.7 %

The stock has a market cap of C$339.41 million and a price-to-earnings ratio of -4.25. The company has a debt-to-equity ratio of 17.79, a quick ratio of 1.14 and a current ratio of 0.92. The firm’s 50-day simple moving average is C$2.60 and its two-hundred day simple moving average is C$2.69.

Robex Resources (CVE:RBX) last issued its quarterly earnings results on Thursday, August 29th. The company reported C$0.05 earnings per share 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 during 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.