Robex Resources Inc V.RBX

Alternate Symbol(s): RSRBF | V.RBX.WT

Metals & Mining Gold

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and Mansounia (exploration) licenses which host numerous deposits. The Nampala Gold Mine is located in the Republic of Mali, approximately 250 kilometers (km) southeast (335km by road) of the capital of Bamako, 45 km northwest of the Syama Mine (operated by Resolute Mining Limited) and 91 km southwest of the Morila mine (operated by Firefinch Limited). The mine is in the Sikasso administrative region. The property has a total surface area of c. 280km2 and consists of two parts: the Nampala exploitation permit covering 16 km2, including the Nampala mine, and five exploration permits.

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Post by forrest6748on Dec 01, 2023 10:26am

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Post# 35763294

From Simply Wall Street

Robex Resources

RBX

Share Price

7 Day

1 Year

0.29

13.5%

-13.2%

Third quarter 2023 earnings released: EPS: CA$0.007 (vs CA$0.012 in 3Q 2022)

Third quarter 2023 results:

EPS: CA$0.007 (down from CA$0.012 in 3Q 2022).
Revenue: CA$36.2m (up 18% from 3Q 2022).
Net income: CA$6.24m (down 12% from 3Q 2022).
Profit margin: 17% (down from 23% in 3Q 2022). The decrease in margin was driven by higher expenses.

Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.

See Past Performance