Robex Resources (RBX) Stock Price Down 13.3%

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Robex Resources Inc. (CVE:RBX)’s share price dropped 13.3% during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 368,000 shares changed hands during trading, an increase of 448% from the average daily volume of 67,165 shares. The stock had previously closed at C$0.08.

The company has a current ratio of 0.62, a quick ratio of 0.42 and a debt-to-equity ratio of 69.11.

Robex Resources (CVE:RBX) last announced its earnings results on Wednesday, November 28th. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$19.82 million for the quarter.

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About Robex Resources (CVE:RBX)

Robex Resources Inc, a junior operation and exploration mining company, engages in the exploration, development, and production of gold. The company operates 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 and Kolomba exploration permits located in west Mali.

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