Xtract Resources (LON:XTR) Shares Up 4.8% – What’s Next?

Shares of Xtract Resources Plc (LON:XTR – Get Free Report) were up 4.8% during mid-day trading on Monday. The stock traded as high as GBX 0.92 and last traded at GBX 0.87. 6,720,978 shares traded hands during trading, an increase of 9% from the average daily volume of 6,172,060 shares. The stock had previously closed at GBX 0.83.

Xtract Resources Price Performance

The company has a 50-day moving average of GBX 1.03 and a two-hundred day moving average of GBX 1.05. The stock has a market capitalization of £12.12 million, a PE ratio of -3.77 and a beta of 0.44.

Xtract Resources Company Profile

(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.

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