Lexington Gold (LON:LEX) Shares Up 11.1%

Lexington Gold Ltd (LON:LEXGet Free Report)’s stock price rose 11.1% during mid-day trading on Wednesday . The company traded as high as GBX 3.50 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 1,805,623 shares were traded during trading, an increase of 623% from the average daily volume of 249,666 shares. The stock had previously closed at GBX 3.15 ($0.04).

Lexington Gold Stock Up 11.1 %

The company has a debt-to-equity ratio of 11.78, a current ratio of 2.57 and a quick ratio of 0.91. The stock has a market capitalization of £13.96 million, a P/E ratio of -17.00 and a beta of -1.10. The stock’s fifty day moving average is GBX 3.38 and its two-hundred day moving average is GBX 4.09.

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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