Xtract Resources (LON:XTR) Shares Down 13% – Here’s What Happened

Xtract Resources Plc (LON:XTRGet Free Report)’s stock price fell 13% during trading on Tuesday . The company traded as low as GBX 0.95 and last traded at GBX 1. 5,062,574 shares changed hands during trading, a decline of 20% from the average session volume of 6,330,312 shares. The stock had previously closed at GBX 1.15.

Xtract Resources Price Performance

The firm has a market capitalization of £9.58 million, a price-to-earnings ratio of -4.87 and a beta of 0.44. The stock has a fifty day moving average of GBX 1.07 and a two-hundred day moving average of GBX 0.98.

Xtract Resources (LON:XTRGet Free Report) last announced its earnings results on Monday, June 29th. The company reported GBX (0.23) earnings per share (EPS) for the quarter. Xtract Resources had a negative return on equity of 11.84% and a negative net margin of 46,750.00%.

Xtract Resources Company Profile

(Get Free Report)

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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