Xtract Resources (LON:XTR) Stock Price Up 11.1% – Should You Buy?

Xtract Resources Plc (LON:XTRGet Free Report)’s share price was up 11.1% on Tuesday . The stock traded as high as GBX 1.15 ($0.02) and last traded at GBX 1.11 ($0.01). Approximately 1,602,024 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 2,065,793 shares. The stock had previously closed at GBX 1 ($0.01).

Xtract Resources Price Performance

The company has a market cap of £8.88 million, a price-to-earnings ratio of -72.53 and a beta of 0.06. The firm has a 50 day simple moving average of GBX 0.84 and a 200-day simple moving average of GBX 0.65.

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.

See Also

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.