Lexington Gold (LON:LEX) Shares Down 5.1% – Should You Sell?

Lexington Gold Ltd (LON:LEXGet Free Report)’s share price fell 5.1% on Tuesday . The stock traded as low as GBX 3.56 ($0.04) and last traded at GBX 3.56 ($0.04). 10,304 shares traded hands during mid-day 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 Trading Down 5.1 %

The business has a 50-day moving average of GBX 3.64 and a 200-day moving average of GBX 3.63. The stock has a market capitalization of £14.20 million, a price-to-earnings ratio of -17.00 and a beta of -1.04. The company has a debt-to-equity ratio of 11.78, a quick ratio of 0.91 and a current ratio of 1.79.

Lexington Gold Company Profile

(Get Free Report)

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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