Xtract Resources (LON:XTR) Insider Acquires £30,000 in Stock

Xtract Resources Plc (LON:XTR) insider Colin Bird purchased 3,000,000 shares of the firm’s stock in a transaction that occurred on Friday, November 14th. The shares were bought at an average price of GBX 1 per share, for a total transaction of £30,000.

Xtract Resources Stock Performance

LON XTR traded down GBX 0.01 on Friday, hitting GBX 0.59. 20,093,344 shares of the stock were exchanged, compared to its average volume of 1,761,454. The stock has a fifty day moving average price of GBX 0.84 and a two-hundred day moving average price of GBX 0.81. The firm has a market capitalization of £5.07 million, a P/E ratio of -7.40 and a beta of 0.06. Xtract Resources Plc has a 52-week low of GBX 0.40 and a 52-week high of GBX 1.30.

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.