Xtract Resources (LON:XTR) Shares Pass Below 200 Day Moving Average of $5.62

Shares of Xtract Resources Plc (LON:XTR – Get Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 5.62 ($0.07) and traded as low as GBX 4.50 ($0.05). Xtract Resources shares last traded at GBX 4.58 ($0.06), with a volume of 491,192 shares.

The stock has a fifty day simple moving average of GBX 5.67 and a 200-day simple moving average of GBX 5.62. The stock has a market cap of £38.91 million and a P/E ratio of -7.63.

About Xtract Resources (LON:XTR)

Xtract Resources Plc, together with its subsidiaries, operates as a resource, development, and mining company. The company primarily explores for gold and copper deposits. Its principal property is the Manica gold project located in the Odzi-Mutare-Manica Greenstone belt in Mozambique. The company was formerly known as Xtract Energy PLC and changed its name to Xtract Resources Plc in June 2013.

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