Xtract Resources (LON:XTR) Sets New 52-Week Low – Should You Sell?

Shares of Xtract Resources Plc (LON:XTRGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 0.42 ($0.01) and last traded at GBX 0.53 ($0.01), with a volume of 1965081 shares trading hands. The stock had previously closed at GBX 0.54 ($0.01).

Xtract Resources Stock Performance

The company has a market cap of £4.28 million, a PE ratio of -3.08 and a beta of 0.06. The business’s 50 day moving average is GBX 0.58 and its two-hundred day moving average is GBX 0.72. The company has a current ratio of 7.07, a quick ratio of 1.99 and a debt-to-equity ratio of 0.25.

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.

Further Reading

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.