Xtract Resources (LON:XTR) Hits New 52-Week High – Here’s Why

Xtract Resources Plc (LON:XTRGet Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 1.50 and last traded at GBX 1.30, with a volume of 17962939 shares. The stock had previously closed at GBX 1.25.

Xtract Resources Stock Performance

The firm’s 50 day moving average is GBX 0.97 and its two-hundred day moving average is GBX 0.89. The stock has a market capitalization of £10.79 million, a PE ratio of -15.75 and a beta of 0.48.

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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