Xtract Resources (LON:XTR) Trading Down 11.3% – Here’s Why

Xtract Resources Plc (LON:XTRGet Free Report) shares fell 11.3% during trading on Tuesday . The company traded as low as GBX 0.53 ($0.01) and last traded at GBX 0.53 ($0.01). 350,850 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,040,477 shares. The stock had previously closed at GBX 0.60 ($0.01).

Xtract Resources Trading Down 11.3 %

The stock has a 50-day moving average price of GBX 0.66 and a two-hundred day moving average price of GBX 0.81. The stock has a market capitalization of £4.56 million, a PE ratio of -3.08 and a beta of 0.06. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.99 and a current ratio of 7.07.

About Xtract Resources

(Get Free Report)

Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. It explores for gold and copper deposits. The company holds 100% interest in the Manica gold project located in the Odzi-Mutare-Manica Greenstone belt in Mozambique; the Bushranger copper-gold project that comprises four exploration licenses totaling 501km2 and located in eastern central New South Wales, Australia; the Eureka copper-gold project comprising 345 hectares located in west of the Zambian Copperbelt district; and the Kalengwa copper project located in the North-western province of Zambia.

Featured Articles

Receive News & Ratings for Xtract Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtract Resources and related companies with MarketBeat.com's FREE daily email newsletter.