Xtract Resources (LON:XTR) Stock Price Down 11.3%

Xtract Resources Plc (LON:XTR)’s share price dropped 11.3% during mid-day trading on Wednesday . The stock traded as low as GBX 0.71 ($0.01) and last traded at GBX 0.71 ($0.01). Approximately 104,974 shares were traded during trading, a decline of 91% from the average daily volume of 1,127,208 shares. The stock had previously closed at GBX 0.80 ($0.01).

Xtract Resources Trading Down 5.0 %

The stock has a market cap of £6.51 million, a price-to-earnings ratio of -3.08 and a beta of 0.05. The business has a fifty day simple moving average of GBX 0.87 and a 200 day simple moving average of GBX 0.95. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.99 and a current ratio of 6.70.

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.