AEX Gold (CVE:AEX) Shares Down 1.6% – Here’s Why

by · The Cerbat Gem

Shares of AEX Gold Inc. (CVE:AEX – Get Free Report) dropped 1.6% on Friday . The company traded as low as C$0.62 and last traded at C$0.62. Approximately 8,500 shares changed hands during trading, a decline of 70% from the average daily volume of 28,496 shares. The stock had previously closed at C$0.63.

AEX Gold Trading Down 1.6 %

The company has a debt-to-equity ratio of 2.09, a quick ratio of 19.77 and a current ratio of 19.90. The firm has a market cap of C$109.80 million and a price-to-earnings ratio of -4.31. The business has a fifty day simple moving average of C$0.62 and a 200-day simple moving average of C$0.62.

AEX Gold Company Profile

(Get Free Report)

AEX Gold Inc engages in the acquisition, exploration, and development of mineral properties in Greenland. It holds interests in licenses covering an area of 7,615.85 square kilometers located in South Greenland. The company was formerly known as Alopex Gold Inc and changed its name to AEX Gold Inc in June 2018.

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