Xtract Resources (LON:XTR) Stock Price Up 6%

Xtract Resources Plc (LON:XTR)’s share price rose 6% during trading on Friday . The stock traded as high as GBX 0.90 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 250,753 shares changed hands during trading, a decline of 77% from the average daily volume of 1,103,888 shares. The stock had previously closed at GBX 0.80 ($0.01).

Xtract Resources Stock Performance

The stock has a market cap of £6.85 million, a price-to-earnings ratio of -3.08 and a beta of 0.05. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.99 and a current ratio of 6.70. The company’s 50 day simple moving average is GBX 0.83 and its 200 day simple moving average is GBX 0.93.

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.