Xtract Resources Plc (LON:XTR – Get Free Report) shares shot up 14.2% on Thursday . The company traded as high as GBX 1.19 and last traded at GBX 1.18. Approximately 12,457,748 shares changed hands during trading, an increase of 107% from the average daily volume of 6,007,937 shares. The stock had previously closed at GBX 1.03.
Xtract Resources Trading Up 14.2%
The company has a market capitalization of £10.07 million, a PE ratio of -5.11 and a beta of 0.44. The firm’s 50-day simple moving average is GBX 1.11 and its 200-day simple moving average is GBX 1.01.
Xtract Resources (LON:XTR – Get Free Report) last issued its earnings results on Monday, June 29th. The company reported GBX (0.23) 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
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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