Lexington Gold (LON:LEX) Stock Price Down 5.1% – Here’s Why

Lexington Gold Ltd (LON:LEXGet Free Report)’s share price fell 5.1% on Tuesday . The company traded as low as GBX 3.56 ($0.04) and last traded at GBX 3.56 ($0.04). 10,304 shares were traded during trading, a decline of 87% from the average session volume of 79,505 shares. The stock had previously closed at GBX 3.75 ($0.05).

Lexington Gold Price Performance

The stock’s 50 day moving average is GBX 3.64 and its two-hundred day moving average is GBX 3.63. The company has a debt-to-equity ratio of 11.78, a current ratio of 1.79 and a quick ratio of 0.91. The stock has a market capitalization of £14.20 million, a PE ratio of -17.00 and a beta of -1.04.

About Lexington Gold

(Get Free Report)

Lexington Gold Ltd engages in the exploration and development of gold projects in the United States. It holds interest in the four projects that covers a combined area of approximately 1,550 acres in North and South Carolina, the United States. The company was formerly known as Richland Resources Ltd and changed its name to Lexington Gold Ltd in December 2020.

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