Xtract Resources (LON:XTR) Sets New 52-Week Low – Here’s What Happened

Xtract Resources Plc (LON:XTR) hit a new 52-week low on Tuesday . The stock traded as low as GBX 0.42 ($0.01) and last traded at GBX 0.53 ($0.01), with a volume of 1965081 shares. The stock had previously closed at GBX 0.54 ($0.01).

Xtract Resources Price Performance

The stock has a 50 day moving average of GBX 0.59 and a 200-day moving average of GBX 0.72. The stock has a market capitalization of £4.54 million, a P/E ratio of -3.08 and a beta of 0.06. The company has a current ratio of 7.07, a quick ratio of 1.99 and a debt-to-equity ratio of 0.25.

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.