Lexington Gold (LON:LEX) Shares Down 5.1% – Here’s What Happened

Lexington Gold Ltd (LON:LEXGet Free Report)’s share price fell 5.1% during mid-day trading on Tuesday . The company traded as low as GBX 3.56 ($0.04) and last traded at GBX 3.56 ($0.04). 10,304 shares were traded during trading, a decline of 87% from the average session volume of 79,505 shares. The stock had previously closed at GBX 3.75 ($0.05).

Lexington Gold Stock Up 4.0 %

The stock has a market capitalization of £15.56 million, a P/E ratio of -17.00 and a beta of -1.04. The company has a current ratio of 1.79, a quick ratio of 0.91 and a debt-to-equity ratio of 11.78. The firm’s fifty day moving average is GBX 3.64 and its 200-day moving average is GBX 3.63.

About Lexington Gold

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Lexington Gold Ltd engages in the exploration and development of gold projects in the United States. It holds interest in the four projects that covers a combined area of approximately 1,550 acres in North and South Carolina, the United States. The company was formerly known as Richland Resources Ltd and changed its name to Lexington Gold Ltd in December 2020.

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