Xtract Resources (LON:XTR) Stock Price Up 18.8% – What’s Next?

Xtract Resources Plc (LON:XTRGet Free Report) shares were up 18.8% during mid-day trading on Friday . The company traded as high as GBX 0.95 ($0.01) and last traded at GBX 0.95 ($0.01). Approximately 4,080,335 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 1,542,637 shares. The stock had previously closed at GBX 0.80 ($0.01).

Xtract Resources Stock Performance

The stock has a fifty day moving average of GBX 0.79 and a two-hundred day moving average of GBX 0.81. The company has a market capitalization of £6.85 million, a PE ratio of -10.00 and a beta of 0.06.

About Xtract Resources

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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.

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