Xtract Resources (LON:XTR) Stock Price Down 12.4%

Shares of Xtract Resources Plc (LON:XTR) traded down 12.4% during mid-day trading on Tuesday . The stock traded as low as GBX 0.61 ($0.01) and last traded at GBX 0.61 ($0.01). 100,000 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 1,051,494 shares. The stock had previously closed at GBX 0.70 ($0.01).

Xtract Resources Stock Down 12.4 %

The stock has a 50-day moving average of GBX 0.77 and a 200 day moving average of GBX 0.89. The company has a quick ratio of 1.99, a current ratio of 6.70 and a debt-to-equity ratio of 0.25. The company has a market capitalization of £5.25 million, a PE ratio of -3.08 and a beta of 0.06.

About Xtract Resources

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.