Xtract Resources (LON:XTR) Trading Down 2.2% – Here’s What Happened

Xtract Resources Plc (LON:XTR) shares fell 2.2% during trading on Wednesday . The stock traded as low as GBX 1 ($0.01) and last traded at GBX 1.10 ($0.01). 8,132,749 shares were traded during mid-day trading, an increase of 439% from the average session volume of 1,509,165 shares. The stock had previously closed at GBX 1.13 ($0.01).

Xtract Resources Stock Down 10.7 %

The stock has a market cap of £8.00 million, a PE ratio of -65.34 and a beta of 0.06. The company has a fifty day moving average price of GBX 0.56 and a 200 day moving average price of GBX 0.60.

Xtract Resources Company Profile

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.