Lexington Gold (LON:LEX) Stock Jumps 6.4% – Still a Buy?

Lexington Gold Ltd (LON:LEX – Get Free Report)’s share price traded up 6.4% during trading on Wednesday. The stock traded as high as GBX 2.70 and last traded at GBX 2.50. 2,861,362 shares changed hands during trading, an increase of 478% from the average daily volume of 495,421 shares. The stock had previously closed at GBX 2.35.

Lexington Gold Stock Performance

The firm has a market capitalization of £12.30 million, a P/E ratio of -19.99 and a beta of 0.08. The business has a 50 day simple moving average of GBX 2.61 and a two-hundred day simple moving average of GBX 3.

About Lexington Gold

(Get Free Report)

Lexington Gold (AIM: LEX; OTCQB: LEXLF) is a gold exploration and development company currently holding interests in three diverse gold projects, covering a combined area of approximately 1,326 acres in North and South Carolina, USA and in six gold projects covering approximately 114,638 hectares in South Africa.

For further information visit www.lexingtongold.co.uk

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