Xtract Resources (LON:XTR) Sets New 52-Week High – Still a Buy?

Xtract Resources Plc (LON:XTRGet Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 1.30 and last traded at GBX 1.10, with a volume of 5531369 shares changing hands. The stock had previously closed at GBX 1.10.

Xtract Resources Stock Performance

The company has a market capitalization of £9.42 million, a PE ratio of -13.75 and a beta of 0.06. The company’s 50 day moving average price is GBX 0.91 and its 200-day moving average price is GBX 0.80.

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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