Xtract Resources Plc (LON:XTR – Get Free Report) shares were up 16.5% during mid-day trading on Monday . The company traded as high as GBX 0.60 ($0.01) and last traded at GBX 0.55 ($0.01). Approximately 138,223 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 469,149 shares. The stock had previously closed at GBX 0.47 ($0.01).
Xtract Resources Stock Performance
The stock has a 50-day moving average price of GBX 0.53 and a 200-day moving average price of GBX 0.64. The company has a debt-to-equity ratio of 0.25, a current ratio of 7.07 and a quick ratio of 1.99. The company has a market capitalization of £4.71 million, a price-to-earnings ratio of -3.08 and a beta of 0.06.
About Xtract Resources
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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