Xtract Resources (LON:XTR) Share Price Crosses Below 200-Day Moving Average of $1.04

Shares of Xtract Resources Plc (LON:XTR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.04 ($0.01) and traded as low as GBX 0.95 ($0.01). Xtract Resources shares last traded at GBX 1 ($0.01), with a volume of 403,598 shares trading hands.

Xtract Resources Stock Performance

The company has a quick ratio of 1.99, a current ratio of 1.68 and a debt-to-equity ratio of 0.25. The stock has a 50 day simple moving average of GBX 0.98 and a 200 day simple moving average of GBX 1.04. The company has a market capitalization of £8.73 million, a price-to-earnings ratio of -3.08 and a beta of -0.04.

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.